Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FlutterCoin FLT NEW Proof Of Transaction PoT Rewards For Spending
by
grifta
on 04/05/2014, 07:23:59 UTC
Proof Of Transaction v2 specs released.  New Binaries to be released tomorrow:

http://www.fluttercoin.us/fltbeta2/wp-content/uploads/2014/05/proof-of-transaction-v2-r.pdf

Can't believe after almost 2 pages of arguing no one has mentioned this.

From .5% chance of a block creating PoT reward to 80%. That is a huge change. Have none of you seen this?

- 8x the output of flutter in rewards from PoT
- added security due to more PoT checkpoints
- 20 FLT set reward rather than half the block reward
- reduced required transaction amount from 500 FLT to 1

Previously the reward would have ended up minuscule, while now it is a set rate and has a much better chance of happening. You're all so caught up in everything that has  little relation to the coin itself.