Quote from: bellakg on January 06, 2014, 10:47:11 PM

Currently the block reward is only 0.5. Why? Huh

Unioncoin ( UNC ) Specifications:
- Super secure hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein). 3 rounds apply a random hashing function.
- CPU mining
- Quick block generation: 10 seconds
- 512 UNC per block (halving every 8192 blocks)
- Block reward will never drop below 1 UNC
- Total of 73 million UNC will be mined
- Difficulty retargets every 20 blocks (maximum 10% up or 50% down)

First 4 millions UNC will be mined in 1 year or something like that, but the description of the coin was edited by the guy who start this threat, i dont know why. where is the original threat of this coin? is not this i think. I read something else.

maybe i'm wrong

EDIT: this is the original text : https://cryptocointalk.com/topic/2087-unioncoin-unc-information/

Code:

SPECIFICATIONS
UNC as Short Code
CPU Only
512 Coins In initial Block
10 Second as Block Interval
Halving Every 8192 Blocks
10 Millions will be mined in 2 years
73 Millions in Total after 2080
Linux/Mac/Windows
Open Source