Post
Topic
Board Announcements (Altcoins)
Re: Execoin: | First Open-Source Stealth Wallet Released! | Fast | ASIC-proof
by
maxsinner
on 08/08/2014, 09:17:56 UTC

Just as a precaution we removed dynamic block reward code completely and increased number of blocks considered in DGW to 60.


So, what's is "the main difference", made in last hardfork? Need numbers & info about inflation, please.

For a moment, i'ts sounds, like a tons of chip coins, with multipool "time wrap" fixed

KGW has been replaced by DGW v3. Solves Time Warp Vulnerability in KGW. In addition, DGW is much more responsive (mitigates multipool issues better) and up to 50 times faster (this is important for non-C++ SPV clients in Java and Python language).

Base reward reduced to 20 coins per block. This reward then reduced gradually by 2.5% every week.

Is there a minimum reward or you are reducing it by 2.5% every week even if te rewards drops below 1 coin per block? If the latter is the case, then it might make sense if you go PoS at some point?

Could you please also correct OP with the right information? We have currently:

Technical Details

    Algorithm: Scrypt-Progressive-N with optimized schedule (scientific name: scrypt Salsa20/8(N, 1, 1), PBKDF2(SHA2))
    Symbol: EXE
    Max Coins: 84 million
    Block time: 45 seconds
    Subsidy: halves every 840,000 blocks (~437 days)
    Difficulty Re-Target Time: Every block (Kimoto Gravity Well)
    Block Rewards: 50 coins per block