Ritocoin successfully transitions to exponential block reward reduction
Today at block 157,081 the Ritocoin project successfully implemented its planned reward reduction. The block reward is being reduced on schedule, and will slowly move from 5,000 to 1,000 RITO per block. At block 184,024 the reward will be 2,500 and so on...
This success is yet another step forward in our fluid project and now we can head into the future with exciting confidence. Ritocoin's main emphasis is to be a playground for blockchain enthusiasts and hackers.
We have a highly active community of people from all walks of life, and we encourage ourselves to be bold with fresh ideas for our project.
The Ritocoin project developers hold monthly community meetings, and the next one will be scheduled soon.
Look for further enhancements in the weeks and months ahead. Happy mining and happy trading !!