Welcome to a new stage!
After a community vote to find a new name for our project, Bamboo rebrands to Pandanite (PDN)! 🎉
Our goal is to build a great community blockchain.
New bitcointalk topic can be found here:
https://bitcointalk.org/index.php?topic=5428374.0 I enjoy Pandanite (formerly Bamboo). Unique Selling Points are necessary, though. You should probably pay attention to scalability, privacy, or app integrations.
Guess I will just post here for now. As the question is here.
How about "twothirding"?
Pandanite is minted by miners who earn rewards so this stays the same.
However mining payments will occur using the *thwothirding* algorithm, which yields a total final circulation of ~100M PDN:
- 50 PDN per block until block 666666
- 50\*(2/3) PDN per block from blocks 666667 to 2\*666666
- 50\*(2/3)^2 PDN per block from blocks 2\*66666+1 to 3\*666666
etc.
https://cdn.discordapp.com/attachments/938407566445256720/1055941972575146084/image.png