POTCOIN HALVING ANNOUNCEMENT
Hey everyone, so this is big announcement that we have all been waiting for and has been overdue but we wanted to be back at home base to do it after our travels.
So here is the halving timeline
The block will halve at block 280,000 to 210 Coins per block ( thats roughly 3 week - june 1 )
Then roughly 4 times a year of every 180,000 blocks
Why would this even be on the radar? There is no need for a block halving.
You say "... we have all been waiting for...", but who is "we"? The reddit folks? I'm guessing you really forget where your core supporters are. You halve the reward, you kill the miner's interest in the coin. You kill the miner's interest, and the network hashrate drops to a fraction of what it is now.
I'm going to go on record as saying I don't support this change at all. First you pretty much ignore this community for Reddit, and now this... what a shame.
-Fuse
Im sorry you feel that way but, we asked the community all over and all.networks and here and everyone feels that their are to many coins be mined daily and not enough use yet so the best solution is to halve the block reward.