Post
Topic
Board Announcements (Altcoins)
Re: [NLG] The even greater Gulden thread! / In the pocket
by
FantoNas
on 01/07/2019, 12:09:57 UTC
Following the GAB communication of today :

New reward per block :
50 to the miner (80 before)
30 to the witness (20 before)

And guess what ... where go the last 20 G ?  IN THE POCKET OF RIJK ... LOL - It's not a joke !





Cut and paste here and let's all have a laugh.  Maybe Pijk Plasman now wants your money to print flyers for Gulden at a grandmother's picnic or print jerseys for a local football club!

See below
The GAB has decided unanimously that the rewards need to be divided in another way. This is a
decision that is connected to the things decided in item 1. (Algorithm). There will be no deduction
in the number of Gulden in het block reward, but the Gulden in the block reward will be distributed
differently.
‐ Witness rewards go up to 30 nlg per block.
‐ Miners are the most important factor in the blockchain and therefor will still get the highest
reward. The reward will be lowered though, to 50 NLG per block.
Both parties (GAB and Gulden.com BV) have concerns about the current rate of Gulden and the
costs that are involded in the development. The burnrate of the development budget is currently
way to high to keep development going in the long run.
After a long debate at the table a unanimous decision was made to –as long as it is neededdistribute
20 NLG of the blockreward to Gulden.com B.V.



20G per block ... 576 blocks per day .... 210,240 block per year ....= 4,204,800 G per year just because you are worth it !


What Algorithm they changing too?

I wanted EFL to move from scrypt but we didn't have the developer to do this, I still say they must add reward halving because Gulden has enough supply for the Dutch people.

They want switch to Argon2 algo