Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
crypt0r3x
on 31/10/2017, 19:18:57 UTC
When will block rewards get halved? Price sustainability with the influx of so many new coins seems unsustainable.

This is a good question.  From what I can tell, there is no halving built into the code for now.  Meaning it will take about 8 years at a rate of 12,500 coins every 2.5 minutes to mine all of the BTCZ.  Looking at game theory, this will probably result in a rapid rise in market cap and send BTCZ into the top 100 very soon.

BitcoinZ halves in 4 years.

There is no such info in the whitepaper. Where can we find valid information about monetary supply policy?

It will be added to whitepaper with other minor updates - the halving is in the consensus code that someone pointed some pages back. BitcoinZ adopted zcash core - and it has its own halving.  The halving block has been adjusted in accordance with the BitcoinZ total supply.

https://github.com/bitcoinz-pod/bitcoinz/blob/e2260ce4f0d735e658f3a1f87bedb38c2234ae8b/src/chainparams.cpp

Code:
consensus.nSubsidyHalvingInterval = 840000;