Post
Topic
Board Announcements (Altcoins)
Re: [BCN] Bytecoin. Secure, private, untraceable since 2012
by
BCN_official
on 12/10/2018, 12:00:15 UTC

Oh, side note. In 22 days, BCN won't receive new tokens anymore. End of mining. I'd like some burning too, but I'm curious to see what's gonna happen then.

Regarding the mining, not sure about 22 days, since mining reward decreases as the maximum emission reaches its top. It is around a little less than a year left.
Important thing to note here is that the mining will continue, and the new blocks will be created. The only thing that changes is that there will be no reward for mining the block and the miners will rely solely on the fee.
I had a look at this:https://countdown.bytecoins.world
So don't know if it's totally wrong somehow.
Anyway, the mining will continue as new blocks are created but no more coins will be given to miners?

The rewards are given out according to a certain curve, and I don't think bytecoins.world reflects that, but they have done a good job anyway.
Regarding the mining, yes, it will continue. The miners won't be given "coinbase" rewards anymore, but they will still have profits from the fee that the users pay when sending the TX.