Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XRE] Revolver Coin. Decentralized Reward Platform.
by
geni
on 06/05/2017, 14:16:57 UTC
When the sources on github are updated, Barney wrote at the beginning that it will be a long project and many people are just too impatient I wish them many luck with the XRE shopping   Grin





In anticipation of the XRE halving event there are a couple of thoughts and updates that I would like to share with you guys.

The second halving is going to happen tomorrow and the reward would be 32 XRE per block. Yay! Cool There are much less coins for market dumps and the price is pretty stable without much promo campaigns. Another very important point is that main total supply is 22 million (there was a typo in the beginning of the discussion, not 29 million as some say). The tail emission is 2 XRE and would secure the network with mining infinitely.

I keep working on the decentralized reward principles on blockchain and I felt being excited about some discovered things and not really about the others. The main thing is there is going to be implemented a specific type of decentralized reward accumulative fund system which is very close to a Proof-of-Stake system. Adding such kind of a system would provide the required functionality and secure the network side by side with configured POW. The downside of the solution would be big efforts that have to be made to accomplish this task. Though the reward system is exactly what XRE project has been started for, isn't it? Anyway RevolverCoin is a long term project with the transparent roadmap and clear goals, so step by step, we're moving forward.

Andy is going to help with the promotion campaigns soon, so feel free to ask him any question on slack. Happy halving and stay tuned!