Number of Coins: 2,100,000,000
Block Time: 2 minutes/block
Block Reward: 4000
Block reward halving: NEVER
Premine: 1% - For Bounties and Giveaways
Block Time: 2 minutes/block
Block Reward: 4000
Block reward halving: NEVER
Premine: 1% - For Bounties and Giveaways
If the reward never halves, what prevents the total number of coins exceeding 2.1 billion, in 2 years from now?
If blocks no longer give any reward, what incentive is there for miners to keep mining and securing the network?
After one week, premined coins (21 million PIG) still accounts for more than half of all PIG in existence. Isn't that a bit huge?
Oink.
The blocks will stop giving rewards at 2.1 billion coins. After that mining rewards will come exclusively from transaction fees.
I knew the premine % question would be here sooner or later. To do this type of block reward distribution and to do the premine this was the only option we could find.
What I can say is that the premine is being used for bounties and giveaways (20% is already gone).
Trying to build from source, other coins are make-ing fine:
make -f makefile.unix USE_UPNP=-
obj/util.o:(.rodata._ZTCN5boost10filesystem14basic_ifstreamIcSt11char_traitsIcEEE0_St14basi c_ifstreamIcS3_E[vtable for boost::filesystem::basic_ifstream >]+0x20): undefined reference to `virtual thunk to std::basic_ifstream >::~basic_ifstream()'
obj/util.o:(.rodata._ZTCN5boost10filesystem14basic_ifstreamIcSt11char_traitsIcEEE0_St14basi c_ifstreamIcS3_E[vtable for boost::filesystem::basic_ifstream >]+0x24): undefined reference to `virtual thunk to std::basic_ifstream >::~basic_ifstream()'
collect2: ld returned 1 exit status
make: *** [piggycoind] Error 1
make -f makefile.unix USE_UPNP=-
obj/util.o:(.rodata._ZTCN5boost10filesystem14basic_ifstreamIcSt11char_traitsIcEEE0_St14basi c_ifstreamIcS3_E[vtable for boost::filesystem::basic_ifstream
obj/util.o:(.rodata._ZTCN5boost10filesystem14basic_ifstreamIcSt11char_traitsIcEEE0_St14basi c_ifstreamIcS3_E[vtable for boost::filesystem::basic_ifstream
collect2: ld returned 1 exit status
make: *** [piggycoind] Error 1
People here on IRC seem to be compiling fun and our best bet is that you must have a missing or broken installation of boost :/
You can also try "make -f makefile.unix"
