Post
Topic
Board Announcements (Altcoins)
Re: Pandacoin PND thread - Second chapter [Scrypt | KGW | 0% PREMINE | Multipool]
by
barryzand
on 29/04/2014, 09:21:22 UTC


So If pos kicks in... I guess this below will be incorrect right?
Quote
Specifications
Symbol: PND
Algorithm: Scrypt
Premine: NONE! ZERO! 0%!
Block Rewards:
1 Minute Block Targets, KGW
Reward system:
50,000 per block until further notice on the possible implementation of PoS.

Early 2015 (approximately a year and a half after release) there will be approximately 100,000,000,000 coins.
Each subsequent block will grant 10,000 coins to encourage miners to continue to secure the network and make up for lost wallets on hard drives/phones/lost encryption passwords/etc.

Do you have a "updated specification" of this when were switching to POS?

like %rates.... how many will be minted in few years time etc...

Do you have a blocknumber in mind when the POS "fork" will happen?