It happens in linux wallets, windows or both?

POW ends at 97k block or 97k POW block? Because there are suppose to be 20mln coins total. Now we are at 36k block and only 4,2+mln coins exists. So with current tandencies at 97k block only around 10mln coins will be created. Am I understending it correct?

@ Kartoffelknilch

There is nothing more to lose. Except 5% of our price everyday.

Multipools will be still dumping for them price doesn't matter. Many people want to mine as many BTC as they can before "next big pump". And they will be doing it even if electricity cost is higher then reward.

There is only one option which doesn't require changing subsidy and it require getting Vertcoin on BTC-e and we know it won't happend.

http://wafflepool.com/stats  350 MH/S
https://www.multipool.us/index.php   70 MH/S

Multipools are still dumping.

Maybe halving it is not 100% right thing to do but is necessary for our survival. We need to evolve. Market situation changed and we need to adapt to new circumstances.

@WHaze

I understand your concerns, but how dropping 80% in value in 2 months is getting people trust? We should stabilize price or Vertcoin will disappear.

Maybe cutting block reward to 25VTC isn't perfect but when we will combine it with "Shark Bite" it will give us at least few months to invent sth better.

I think month is enough to come up with some solution. It doesn't need to be perfect but it need to be done now. We can always make another fork in 1-2 months to tweak some parameters. I think it's better than dropping to 0.0001.

And one important thing. People doesn't care about mining algorithm, premine or instamine. Only thing that matter is price. Price increase will result in steady increase of miners and investors.

I started mining vertcoin in March and im still doing it, but for the time being it feel like the worst decision I made in recent months.

Few months ago we had innovative coin with great devs and community. And now everything is completely different. Community turn into bunch of people bitching about everything, and I completely understand it. It's not easy to watch your coins drop 80% in value in 2 months. And what is the worst we stopped evolving which is absurd because I thought at start this coin was about constant evolving and adapting to current market situation.

Some people are complaining that changing rewards will undermine our credibility. I think they should consider two things. Block rewards wasn't created to make miners rich. It was created to ensure network safety. End if it isn’t working it should be change. And second, constantly dropping price is more hurting than some changes in algorithm about which people will quickly forget.

I think there is still time to revive Vertcoin. We just need to stop complaining and do some major changes. There was this discussion about fighting multipools and block subsidy at reddit http://www.reddit.com/r/vertcoin/  I suggest to all people interested in our future to read it. Proposed "Shark Bites Subsidy Algorithm" combined with cutting block reward by half to 25 VTC, look very promising and is good start. Check simulation here: http://i.imgur.com/0T7u3lh.png

Time is crucial  and changes need to be done fast. Even with multipools mining our difficulty is constantly dropping now we at 159 and in next days we will go even lower. If we don't do anything Vertcoin will be dead by the end of summer or we will become another “shitcoin” with single digit difficulty.

I also think that clear statement from devs at this is point necessary I know they are discussing all possibilities but constant silence looks really bad.They should announce their decision soon.