Post
Topic
Board Announcements (Altcoins)
Re: BiblePay - New Coin Launch - Official Thread
by
tryyouman
on 30/09/2017, 16:03:13 UTC
Please let question.


The schedule is here: (205 blocks per day, 7 minute block targets):

Code:
       // Yearly decline of production by ~10% per year, projected ~14.54 Billion coins max by year 2050+.

// Year:  2017, Subsidy: 20000, Emission: 1496500000, Grand Total: 1 496 500 000
// Year:  2018, Subsidy: 18000, Emission: 1346850000, Grand Total: 2 843 350 000
// Year:  2019, Subsidy: 16200, Emission: 1212165000, Grand Total: 4 055 515 000
// Year:  2020, Subsidy: 14580, Emission: 1090948500, Grand Total: 5 146 463 500
// Year:  2021, Subsidy: 13122, Emission: 981853650,  Grand Total: 6 128 317 150
// Year:  2025, Subsidy: 8609,  Emission: 644194179,  Grand Total: 9 167 252 382
// Year:  2030, Subsidy: 5083,  Emission: 380390221,  Grand Total: 11 541 488 001
// Year:  2035, Subsidy: 3001,  Emission: 224616621,  Grand Total: 12 943 450 406
// Year:  2040, Subsidy: 1772,  Emission: 132633868,  Grand Total: 13 771 295 175
// Year:  2045, Subsidy: 1046,  Emission: 78318973,   Grand Total: 14 260 129 248
// Year:  2050, Subsidy: 618,   Emission: 46246570,   Grand Total: 14 548 780 867



Is the schedule out of the current blocks?

The block reward breakdown is as follows:

100 Reward (example)
10 : Charity (sponsoring orphans, 100% goes to the orphans)
10 : MasterNode network (goes live at Christmas of 2017 - allows for rewards for running full sanctuary nodes, allows the coin to become a Charitable DAO organization, fully running by the community itself)
(Note this is 0 for the first 40000 blocks)
80 : Block Subsidy to the Node who mined the block using POB

Is MasterNode started from the 40000 blocks? When is it?