Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TopCoin, Unique coin with rapid Block Halving (2 Days)
by
SackofBits
on 07/02/2014, 19:46:41 UTC
I actually completely did my math wrong, I assumed 1.1 billion TOP when it's 11 billion TOP. So everything is actually 10 times WORSE. If we reach market cap of DOGE, we would only have 800Kh/S of network hash, which is a SINGLE GPU.

In order to not die at 1coin/block, we'd still have to reach the market cap of BTC or 10 BILLION USD.

Everyone please realize how INSANE this sounds.

We need to set the minimum block payment at 10,000/block. It's a very small percent per day, only 0.13% of total, but it will keep the coin from dying.

Maybe dev will consider changing it? I hope he will come share his thought on this.