Post
Topic
Board Announcements (Altcoins)
Re: CryptoBiz Magazine Cover! | Cryptogenic Bullion | CGB
by
elambert
on 15/07/2014, 10:04:54 UTC
Ladies and gentlemen, the baseline PoW subsidy reward of .01 has now been reached. CGB is now officially at a maximum inflationary rate of 2% with just over 950,000 bullion in circulation. Time again for CGB to trail-blaze through uncharted territory. This will be fun!

Quote
CGB was one of the first PoS coins, one of the first to implement the accelerated subsidy halving, one of the first to move to PoS as a higher payout than PoW. All coins (even Bitcoin) will at some point in their life cycle come to a cross road where they have to either move away from appeasing miners or change their code and word to their earlier adopters. We are just a trend setter here again. CGB has, and in my opinion should continue to logically envision the path ahead and move proactively rather than in a reactionary manner.