Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
shvck
on 13/11/2017, 11:06:57 UTC
We are working on a consensus to halve the current block reward from 12500 to 6250. We will add a developers fee of 250 coins. This will make a block reward of 6000 coins and 250 coins for the developers.
We need a developers fund to be used to pay for infrastructure costs, web design, graphic design, marketing, exchanges and more. The developers fund is a very small amount but gives a very large incentive to expand BitcoinZ.

Why do you want to halve block reward now? As I understand halving will take place after block 840000 so why would you like to change that just two months after launch?