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Announcements (Altcoins)
Re: [ANN][GLYPH] GlyphCoin - X11 - POW/POS | 0% premine | Illuminated | CRYPTSY!
by
originalchilli
on
06/07/2014, 12:36:31 UTC
Quote from: GLYPH on July 06, 2014, 11:54:52 AM
Update!!
The community has unanimously voted to cut the coin count.
Instead of having a total # of coins of 7 million in POW, we will now have
2 million
.
POW mining will end at block 38,000 - 10,000 blocks from now.
We're at block 28,00 as I write this, with approx 1.5m coins outstanding.
We will remove the last mining period, which was from block 48,001 to 176,000.
POW Ending at block 38,000, with approx 2 million coins generated in POW.
This is approx 10 more days of mining, which I think is fair and enough time to alert miners and pool owners.
We won't release the wallet update until we hear the communities' reaction to this.
Please comment!