Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
Lol no regrets man, I bought at 1199 earlier this afternoon. 
Nice to see someone already done a clone of sigt. Obviously doing something right if people are copying the code.
Nice to see someone already done a clone of sigt. Obviously doing something right if people are copying the code.
What do you mean when you said doing a CLONE of SIGT? Someone is making a new coin? Is it finished? Does it have a name? Can someone clarify this just to be sure?
It's not a clone - Magnatum - uses the skunkhash algo but has some interesting block reward and time structure which changes depending on transaction volume.. The block reward is 250 but I believe it goes down along with the block time when the network gets busy so basically the blocks go as fast as they have to go to deal with the transactions in the network, however the block reward adjusts to compensate so there is something like 130M coins created each year.