Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] PoW ends soon | Long-term Strategy
by
Vann
on 06/05/2014, 06:15:03 UTC
I like how the ANN post listed 20M coins during POW, and described a POW period followed by POS.. when in fact the coin was POW+POS from the beginning and there's only actually ~9.5M POW coins due to the POS blocks contributing ~50% of blocks between 0-20160...
The PoW blocks have a much higher reward so the PoS blocks are going to take a LONG time to reach the initial 20M coins at 5% stake.  Grin