Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5 Released!
by
hunkster
on 05/02/2014, 10:36:59 UTC
Sorry, I still don't understand...

If the reward is having at the 50% mark, and there is no cap, then what 50% is it of?

The reward will half at block number 100000

(We are currently at block 87430)

Elaboration:
At block number 100000, is aprox. 50 bil Doge mined.

100000 blocks * average of 500000 Doge per reward = 50 bil Doge.

Which is 50% of the original cap at 100 bil doge.

OK. So despite the removal of the cap, we're still going for 1/2 rewards at 50 billion Dogecoins.

Will there be more future halving of rewards, like say, at 100 billion coins?