Re: [ANN] Syscoin - Business on the Blockchain - Presale Started!
Here check this over. http://i.imgur.com/0KFnxJ9.jpg
Here is a Google Docs link.
https://docs.google.com/spreadsheets/d/1xuippA288LWasihZAZAPJ7c2UVhzewrxdWZiNqkIsBY/edit#gid=0
Here is a Google Docs link.
https://docs.google.com/spreadsheets/d/1xuippA288LWasihZAZAPJ7c2UVhzewrxdWZiNqkIsBY/edit#gid=0
You have a very similar typo. 96 block reward = 138,240 per day and not 69,120 (69,120 number is copied from the 48 reward section by mistake).
No need to show me that table, because this updated reward scheme is my proposal (and it's good to see it accepted by the Syscoin team without any changes). You're certainly welcome
I took a look at these numbers, and it looks like realestmofo's calculations are correct based on the table shown. I'm thinking the problem lies in the 96 block reward row; in order to be 138,240 coins per day (which makes the most since, linearly decreasing as time goes on) the total reward days at this level would need to be 180 (96 reward * 259,200 blocks / 180 days = 138,240 coins per day). The more logical option is to increase the block height of the second mining tier to 777,600, so there are 518,400 blocks to be mined over 360 days (96 reward * 518,400 blocks / 360 days = 138,240 coins per day). This would of course push all the subsequent tiers' block heights higher by 259,200 blocks. Does this sound right?
Anyways, great jobs guys! This is what Syscoin needed.