Post
Topic
Board Altcoin Discussion
Re: What should SmartCoin's new block reward be?
by
Symbiont
on 17/03/2014, 11:14:15 UTC

...


Maybe we would change it at block 111.000 for example:

Block 1: 400,000 SMC
Block 2-999: 1 SMC = 998 SMC
Block 1000-110,999: 64 SMC = 7,039,936 SMC


...



My 2 cents are:

Let´s have 2x the BTC reward (=16 SMC) and 18 month halving time.



in total = 7,440,934 SMC (2 month)

next 1,200,000 blocks (+18 month) x 16 SMC = +19,200,000 SMC

in total = 26,640,934 SMC (20 month)

next 1,200,000 blocks (+18 month) x 8 SMC = + 9,600,000 SMC

in total = 36,240,934 SMC (38 month)

next 1,200,000 blocks (+18 month) x 4 SMC = + 4,800,000 SMC

in total = 41,040,934 SMC (56 month)

next 1,200,000 blocks (+18 month) x 2 SMC = + 2,400,000 SMC

in total = 43,440,934 SMC (74 month)

next 1,200,000 blocks (+18 month) x 1 SMC = + 1,200,000 SMC

in total = 44,640,934 SMC (92 month)

...



DEV: What are you thinking about 16 SMC and 18 month???