Hi Devs,
Love your coin. Perhaps this question was asked before, but why did you guys plan the hardfork. I saw on page 1 there was a reduce of 15 million coins in stage 3? Does that affect the absolute total?
Thanks,
Boestin
We reduced the block reward in the best interests of the community. If you look through the thread you'll find numerous posts which ask for the block reward to be reduced for the 2nd PoW phase and a few even wanting to scrap it altogether. We compromised and reduced the block reward to 2500 from 5000, limiting the dumping from multipools in the process as well as appeasing both our current community and the miners who will be mining during the 2nd PoW phase.
With regards to the total coin supply, it now means that after the 2nd PoW phase there will be around 45 Million SC instead of 60 Million.