Post
Topic
Board Announcements (Altcoins)
Re: [ANN] The Nibble - Real Currency - 5/18/2013 11PM UTC
by
daHavok
on 18/05/2013, 22:44:35 UTC
Specs:

Ascending reward system to stave off insta-mining, pre-mining, unfair rewards for early adopters.

Block 1 - 2016 @ 1 NIB
Block 2017 - 4032 @ 2 NIB's
Block 4033 - 6047 @ 4 NIB's
Block 6048 - 8063 @ 8 NIB's
Block 8064 - 10079 @ 16 NIB's
Block 10080 - 12095 @ 32 NIB's *** Difficulty SHOULD reach 1+ at this point.  Total NIB's mined = 127,004
Block 12096 - 219555 @ 50 NIB's
Block 219556 - 639555 @ 25 NIB's
2 1/2 minute blocks (4 times faster than Bitcoin)

Great job making your coin inflating like crazy for a month. Why would I mine a coin that inflates every day when I can mine a coin that deflates?
because... democracy!