Re: [ANN] HelixCoin [HXC] SHA3 -- Use the Helix Fossil! -- LAUNCHING SOON!! [2/28]
- Block reward? 151 coins per block to honor the first 151 pokemon . Subsidy halves every 6 months
- Block time? 40 seconds per block, the delay of twitch controls
- Eleventy billion coins? No! 120,000,000 total coins ever to be mined
- Premine? Premines are going out of style. Only a fair 0.16% premine
0.0016*120,000,000 = 192,000 premined coins
151 coins per block:
192,000/151 = ~1271 blocks premined.
40 sec per block:
40*1271 = 50840sec/60/60 = 14 hours.
So within around 14 hours the collective miners will have as many coins as the dev's premine.
Seems pretty fair to me, props to the dev for not being too greedy
