Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ✅ Xios PoS/PoW No ICO/No Airdrop/No Premine/ ⚡ 485+ Masternodes 🔥Scrypt🔥
by
Precision
on 15/11/2017, 14:31:54 UTC
Seems like a lot of people agree the generation of block rewards was pretty unfair.

Block Rewards
1,333 coins rewarded from block 1 to 1440.
1441 to 3440 (33.3 coins)
3441 to 9441 (3.3 coins)
Forever mining at 1.33 coin block after block 9,442th-500,000th block
After that 1 coin per block forever
Maturity: 30 blocks
Target Block-time: 1 minute/block
Difficulty Re-Target: 4 blocks

How long until 1,333 block rewards were gone? A few days? That accounts for more than 50% of circulating supply in only a few days. Then after that the block rewards dropped from 1333 to 33 LOL.

Seems like this was only meant for a few lucky peopls and devs, and now it seems the main dev is inactive. Booked the profits and left lol...