Quote from: voteformeg on July 24, 2019, 06:14:13 PM

yeah , already regret mining this , if a developer say's that there is no premine and we end with this situation is most not a good sign , maybe a little explanation about this?

there is some explanation from team in discord:

Quote

brewhaus Today at 7:55 PM
Block reward was reduced to 5. PEXA is a raven fork. Raven integrated DGW (dark gravity wave difficulty adjustment) but not at block1 (I tihnk it was like block 300k or something on raven) it was an oversight that we didn't have DGW from the get go. Once it was realized, DGW was activated, and block reward had to be reduced to 5, else the complete supply would have been emitted in a matter of months. Whereas the purpose of the coin is to be spent on Pexa services, it would have been incredibly damaging to have coin emission end so early. I'm happy to answer any other questions you guys have about emissions

brewhaus Today at 7:58 PM
nah it wasn't forgotten, we knew it was integrated into Raven. What we missed was that it didn't activate in raven until a much later block...as Raven integrated DGW months after they launched
because when raven began, it was cpu mineable only...when gpus came on the scene, it became a problem for them, which they solved with DGW

and the same time: difference between 1st and 2nd blocks is 1 day, they mined 1st block for testing and then launched network afterwards, so they saw 50 coins reward, but did nothing about it

Quote

brewhaus Today at 8:57 PM
It should also be noted, the first block was mined as a test to ensure the chain was functioning. You will see the time difference between the first and second blocks. For accuracy sake. Hope this info helps!

sava0123

Posts

Merits