Code for Version 4 Hardfork now available for review.
https://github.com/HOdlcoin/HOdlcoin/tree/4.0Fork takes place on block 68300, about 1 month from now.
Notable changes -
i) Increase mining reward 10 fold to encourage new miners.
ii) Temporary increase interest rates X75 - bringing standard rate up to 1% per day (2% per day for 1 year HOdlers) to encourage more Hodling, and discourage leaving large amounts of HODL on exchanges for sale.
iii) destroy 50% of transaction fees to help with inflation
Damn, I have just term-deposited my HODL for 3-12months few days before this statement!
What a bad luck, weeks full of bad lucks :/
And the price of HODLcoin already dropped almost by half..
Will existing deposits get better interest rate, too?
Yes, they absolutely will. HOdlcoin is a coin that rewards HOdlers.
Hodl'd coins that straddled the fork block, will have interest split into two components - the period before the fork, and the period after the fork, and the two interest sums are added together.