"Block Reward: Calculated based on difficulty"
Finally, a block reward that i have been looking for. Even though the algo is not yet perfect, this could be a bridge to a better coin.
I've been thinking about this. Is it scaling linearly? It would be a pretty interesting idea (your 1MH/s gives you a more or less constant amount of coins regardless of net hashrate), but the consequence would be a lack of incentive for early miners, which can leave the coin out in the field.
No, the formula scales exponentially. Additionally, the first few blocks with a difficulty < 1 will have their block rewards calculated as IF they were 1; this incentivizes early adoption because the blocks are EXTREMELY easy to mine in comparison with later blocks.
I like everything about this coin so far except for the high number of coins
I understand the frustration with the high ceiling; however, this gives breathing room with the new algorithm for block reward. If it happens to distribute too quickly, the super-fast-rising scarcity may cause people to believe it as a scam (or a failed coin, as the shares would be held by literally a few people). Besides, pushing updates later is always an option.
If necessary, and wholly supported by the community, I will gladly implement that fix.