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NETCOIN => General Discussion => Topic started by: r3s on December 13, 2017, 04:23:37 AM

Title: next block halving?
Post by: r3s on December 13, 2017, 04:23:37 AM
Sorry if its been asked, havent been able to find the info for when the POW block reward halves again, i remember there was a countdown for the last halving but it was a long time ago, is there a list of the blocks which are the halvings?

cheers

Andrew
Title: Re: next block halving?
Post by: BigJohnson on December 13, 2017, 06:16:57 AM
Not something we wanted to do but for PoW to continue, and for the core upgrade it had to be done. Also we don't want to be a PoS only coin, so we decided to keep POW going. It's something we feel is good in a coin security wise and for the dedicated miners that have supported Netcoin's NETwork and because people still do mine it traditionally. That said we have continued on our PoW to a static reward of 15 coins per block and sorry to say, but the hourly 8x superblocks have been discontinued.   Also PoS rewards for PIR year 3 are changed to 2-4-6-7-8-10% because with these market volumes it could never sustain the current reward settings. PIR year 4 will follow year 3's. POW is set to end block 2500000.
Title: Re: next block halving?
Post by: Willsonut on April 10, 2018, 10:54:24 AM
Halfway through, can you tell me? I really want to know.
Title: Re: next block halving?
Post by: BigJohnson on April 11, 2018, 06:28:06 PM
What is it you would like to know? You can follow the block count on the explorer https://prohashing.com/explorer/Netcoin/
2,284,906 is block count at this time.