Post
Topic
Board Announcements (Altcoins)
Re: ZeroVert - First Zerocoin Implementation | New gold standard for privacy
by
BanditryAndLoot
on 05/11/2014, 21:35:49 UTC
its 10 minute blocks target time not 60 sec..   its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

Plus 120 confirms, so about a little less than a full day for confirmations, now that the difficulty is having an easier time keeping up with the hashrate.

So all coins on sale at c-cex are from premine?

The dev would have to answer that.

There are 197 blocks now, so if the premine was in block 1, then theres 196 minus 120 blocks of coins out there right now .. so 760 coins or so

There's 208 coins on there now for sale

The reason theres almost 200 blocks is because the difficulty retargeting algorithm takes a little while to catch up to the hashrate, so for the first day or so, the blocks will be less than ten minutes.

So far, we're averaging 278 minutes/197 blocks, so 1 minute and 24.6 seconds per block. It should correct within the next day or so, as the hashrate stabilizes and people get their miners hooked up.

Sorry again for the last edit: the average blocks per day should be ~144, after it stabilizes, with a 10 minute block time.