I am also looking forward to being a part of a completely new launch!
I have only one question.
It says Block reward:150 XUN constant
But then you state an initial block reward of 32.000 XUN, with a halving period every month for the first 12 months.
Doing the math, that means:
1st month: 32.000 XUN
2nd month: 16.000 XUN
3rd - 8.000
-||- So on and so forth
until
12th month: 15,625 XUN/block
So in my eyes, it doesn't really add up
Unless of course you meant to say that the initial block reward will be 320.000 XUN. Then the math would hold.
Or is it just me?
Where have you got 12th month: 15,625 XUN/block from?
Yes we are too busy creating video toturials.
Block Rewards
Initial XUN block reward (on Nov 1st, 2017) will be 32 000 XUN, with a halving period every month for the first 12 months. This provides the main XUN coin unit amount for free market use and reduces the likelihood of miners manipulation in future, thus making a Libertarian Crypto Economy more achievable.
Pre-mining has not been allowed on the UltraNote public blockchain, it goes against the libertarian economy mantra of the Dev team. Anybody can mine from 1st November 2017 @ 00:00 GMT.
The constant base mining reward for UltraNote makes it simple for miners building CPU-mining infrastructures to calculate their efficiency.
From the 1st post in this thread... I simply divided the initial block reward by 2, 12 times...