Re: X13 [PRE-ANN] *SUMMERCOIN 2.0* [POW/POS] [NEW LAUNCH] [NEW DEV]
OFFICAL ANNOUNCEMENT
Becouse of the Community's wish we have decided to change total amount of SummerCoin 2.0 coins to 50,000,000
Becouse of that swap ratio is 1:1
Here's the full and updated specification:
Algorithm: X13 POW/POS
Symbol: SUM2
total coin: 50,000,000
Block reward: 1500
POW max height: 14000 - 7 days POW only
Block time: 30 seconds
Retarget: dfficulty will adjust dach 25 blocks, and at block 250, adjust dach block
Min age: 4 days
Max age: unlimited
Confirmations on Transactions: 3
Confirmations on Mined Blocks: 60
Stake interest: First Year: 20%
Second Year: 10%
Third Year goes on: 5%
PREMINE: amount of coins on the SUMv1 Chain (swapped at 1:1 ratio)
RPC port: 33333
P2P port: 33330
Like You can see Your suggestions are important for us!
- Strugg, SummerCoin Foundation Manager
Becouse of the Community's wish we have decided to change total amount of SummerCoin 2.0 coins to 50,000,000
Becouse of that swap ratio is 1:1
Here's the full and updated specification:
Algorithm: X13 POW/POS
Symbol: SUM2
total coin: 50,000,000
Block reward: 1500
POW max height: 14000 - 7 days POW only
Block time: 30 seconds
Retarget: dfficulty will adjust dach 25 blocks, and at block 250, adjust dach block
Min age: 4 days
Max age: unlimited
Confirmations on Transactions: 3
Confirmations on Mined Blocks: 60
Stake interest: First Year: 20%
Second Year: 10%
Third Year goes on: 5%
PREMINE: amount of coins on the SUMv1 Chain (swapped at 1:1 ratio)
RPC port: 33333
P2P port: 33330
Like You can see Your suggestions are important for us!
- Strugg, SummerCoin Foundation Manager
I'm sorry im confused -- are the coins generated from the 7 day POW portion, already included in the 50,000,000 total coins?
How much of the 50,000,000 is coming from the previous summercoin swap ?
How much of the 50,000,000 is coming from the 7 day POW portion?
Thanks - sorry if this was answered already