Post
Topic
Board Altcoin Discussion
Re: Ixcoin TODO
by
zebedee
on 31/05/2014, 12:41:42 UTC
Interesting enough, the rate will drop at 210000.  That is 3890 blocks from now.   So by aroung 6/28 the blockrate will be cut in half to 48!

The hard limit of zero subsidy is at block 227499.  148 days from now.  Around 5 months from now.  10/30 is the approximate date.  

These numbers are taken from the source code:

Code:
 int64 nSubsidy = 96 * COIN; //ixcoin    
// Subsidy is cut in half every 4 years    
nSubsidy >>= (nHeight / 210000);
//Hard limit to 21M Ixcoins
if (nHeight >= 227499)
                nSubsidy = 0;

zebedee is actually setting you up for a loss.  He likely read the code prior to the bet.
Thanks for showing that one person on this board actually knows what he's talking about, and it's not the one who claims to know all about IxCoin and how its going to the moon.

I dispute your claim that "I was setting this twat up" for a loss?   What you mean is he was setting himself up for getting an expensive lesson from someone with a clue.  A bet is the best bullshit antidote that exists, and you can see it worked.

I'll give one more clue - this coin is dead late in October when there is no more reward.  Meanwhile dump all your coins on Vlad whilst you still can.  You will thank me later.