Post
Topic
Board Announcements (Altcoins)
Re: [ANN] #3 [XUN] UltraNote is READY, Everyone is welcome to mine.
by
Desp
on 13/11/2017, 01:23:59 UTC
Thank you for your comment, Yes block reward is 150 coins per block now and not 1500 and people have started to mine using the pool now.
We agree with you, we need to correct the typo in the thread.

Hi devs can you please update the ANN with the latest info?  For example, ANN says "Block reward: 150 XUN constant" but people on this forum have talked about an increasing reward as months go on (up to 1500?).

It will greatly help your coin's value if the information in the ANN is clear and accurate.  An investor like me cannot invest without knowing what we're getting into.

It's most definitely NOT going up to 1500.

Okay, well the ANN also says "Initial XUN block reward (on Nov 1st, 2017) will be 150-1500 XUN exceedin,  they start small and get bigger as the network grows and so does the cost of mining"

This is why I'm asking for clarity.  You haven't really done what I asked, which is to provide a clear and accurate ANN.  You just answered one thing I asked.

You want this coin to succeed, right?  So do I.  How is it supposed to succeed when the ANN says "150 block reward" then says "150-1500" and then you say "it's not going up"?  Why on earth would anyone put money into that level of confusion.

Take 15 minutes of your time to re-write a clear ANN.  This is so basic you are literally costing yourselves thousands of dollars, possibly tens of thousands of dollars, in market value for no reason.

Edit: here is something else written in the ANN: "Block time target: 2 Min (10x faster than Bitcoin)".  This is wrong.  The Bitcoin blocktime is 10 mins.  So either your blocktime is 1 min, or your blocktime is only 5x faster.  I think a clean ANN with correct information and proper communication from the team will lead to your hash jumping 50-75% in the next couple of weeks.  I hope you have the foresight to make it happen.