Sorry I'd missed this earlier, I haven't read through the past couple of pages of replies yet.


First and most importantly, I used 0.65 BTC from the funds about a week ago to pay for the wolf mining rig for the week, as frankly I'm out of crypto myself and holding alts which are all down in value, I'm also currently in the process of migrating to a new bank account so cannot replace it for a couple of days. By saturday, monday at the latest I'll have personal BTC again and will replace the 0.65. I should have updated the thread and asked before hand, I can only apologise, a stupid decision on my own part.

Phase 2 is still on the cards, however if there's no more movement soon it may change in price a little (in which case anybody who bought from phase 2 will be topped up), move to being managed IPO style by poloniex with the current prices, or we may abandon it all together, destroy the coins, and refund the purchases in the pot. Seeking guidance on this matter over the next few days and will be discussing with NWO and all of you hopefully.

UPDATE: Removal of tx fee and new block reward

The following has all been implemented:

• 2 minute blocks, 12 hour diff retarget
• removal of percentage based fee, replace with a traditional fixed 0.002 WOLF fee
• a block reward of 0.48 WOLF for 17 weeks, this will produce 27417.6 WOLF (1612.8 per week)
• a block reward of 0.24 WOLF for 26 weeks, this will produce 20966.4 (806.4 per week)
• a permanent block reward of 0.12 WOLF thereafter (this will produce 20966.4 per year)

Github has been updated, windows-qt is coming shortly from Pompobit, and I've contacted Poloniex to get them to update their daemon.

Important: Do not send any new transactions over the WOLF network until the main nodes are updated and you are using the latest qt!

I'll update the thread shortly when the migration to the new configuration is complete on the main nodes and our windows qt is compiled and uploaded.

Thanks.