Quote from: all4menow2 on January 14, 2018, 08:02:15 AM

Quote from: Eatbatterys on January 14, 2018, 07:48:23 AM

Quote from: Bitbander on January 14, 2018, 07:08:57 AM

Why is the block reward on it's third semester all ready, even that only around 2.1M BWK out of 14.5M first year BWK is mined?

Block reward is still currently 50.

Masternode rewards increased to 25% of the block reward, meaning 12.5 BWK of each block is going to masternodes, and the remaining 37.5 is going to miners.

Though it's important to keep in mind that in approximately 17-18 days, masternode rewards will increase to 33.3% of the block reward. Then another month (approximately) after that, they will increase to 50% as the quarterly block reward decrease takes effect.

So essentially we are just making masternodes rich? I am not sure i understand this seesaw effect. Do we (miners) get the bigger portion of the rewards when the block reward decreases? 50% is a pretty gigantic reward imo. The way i understood it the seesaw item was only for the POS portion of the coin.

Miners win from this model too. To start a masternode you need 5000 coins which are locket from the market, that means coins are extracted from market and not just flushed into exchanges, hence bigger coin prices, and bigger profit for miners..