On a more happy note, are there any exchange threads out there now?
Btw why the change to 1000MRC after block 310k? Wouldn't it kinda kill the coin/network, given how many coins have been mined out there and the diff between the "launch" block payout.
Imo this could kill the coin given that theres so many MRC out there, with a couple of big bag holders, making the prices on exchange staying a bit low. Which then again makes mining for 1000MRC pr block kinda unattractive. Diff goes down, to even out and not let the block chain slow down. But all of this just opens an whole other can of worms (51% attacks, large pump/dump on exchanges etc)
here:
https://bitcointalksearch.org/topic/microcoin-mrc-buysell-thread-409083Actually this is typed so it's easy to understand but when I look source I see blocks will be counted as follow:
0-10,000 = 0,0001 blocks
10,001 - 160,000 = counting up +1
160,001 - 310,000 = counting down -1
310,000 - = counting down -0.01
UNTILL BLOCK REWARD IS 1000And after that, if there is any maxmoneysupply coins left, all blocks are solid 1,000
And then there is stakes keeping network up forever.
If some one have time to calculate exact block number when reward is solid 1000 please put the result here
Any way, this slow decreasing sould make good for price.
Its better that like usually blocks halved.
And yes, if coin is active after half-one year, today rewards are like early bitcoins was