Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PAWN] Pawncoin - Online Pawnshop /Reward decrease soon!
by
provenceday
on 01/04/2014, 09:26:11 UTC
I have not been to this thread for a few days  Shocked are the proposed changes actually happening.
Devs please makeup your mind. It seems we a5re changing direction everyday, constant tinkering will make everyone loss what little faith they have in pawn. will I see a return on my investment  Sad it seems very unlikely if you keep doing this.

make a final decision and stick with it please.

The coin specs will be changed to the following..
Block rewards = 500 PAWN
Block halving rate =20,000 Blocks
Max: 20,000,000 coins

dev i am not very clear after which block, will we reduce the block reward?

after  8000 block  or 20000 block?

thanks


Thanks changes will be before the network reach 20,000 Blocks so that the block can be halved at every 20,000 Blocks.

ok i see. so we willl wait for another 26 days for the first block halved?

one block take 2.5 minutes, so we need to mine another 15000 block to hit 20000 block

15000*2.5 minutes=37500 minutes

37500/1400 minute per day=26.7 days

so we can expect this after 26.7 days later.