New EMD Windows wallet available!
Latest EMD Win client version 0.8.6.1 is now available for download. Source code for linux should be on github within the next hour.
Win client is here: https://drive.google.com/file/d/0B2ySxqTClp06akFFdDhFS19pVnc/view?usp=sharing
This new client adds some new checkpoints and updates the distribution schedule for EMD. We are currently on block 3326710. The next reduction to 1 EMD per block will be at 3888001. Thereafter, the next block reduction will occur at block 4665601 and reduce the mining reward to 0.5 EMD per block.
The next reduction, at block 5443201 , will cut the reward to 0.25 per block. Finally, the last reduction will take the block rewards to 0.1 EMD at block 6220801 onward.
It took a bit over two years to get half the EMD total coins mined. With the new block reward schedule it will take approximately 75 years to mine the other half, making EMD a much more desirable currency without a ton of inflation.
As I mentioned in an earlier post, there are some other projects in the works to make EMD even more scarce and add to its value.
The new reward reductions are approximately 6 months apart. We are currently at 2.5 EMD/block and in just over two years time mining will only yield 0.1 EMD/block. The time to mine and accumulate EMD is now. It is going to become much harder to obtain large quantities very soon!
Fired up the new wallet. Its up & running with no problems.
8 Active Nodes, balances are there and chain is all synced.
Anti-virus scan came in clean as an angel. no problems there either.
Thank you dev.
now patiently waiting to withdraw my EMD that is stuck on cryptsy.
Please vote EMD on C-CEX exchange: https://c-cex.com/?id=vote
Merry Christmas! Ho ho ho!!
I'll send Mullick an email letting him know that there is new source code. Perhaps that will move EMD up his priority list at Cryptsy.
