based on the coin specs halving should occur after block 400,000 and not 111,280
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The version just released a couple days ago changed the first block reward halving to 111,280. I haven't looked at the code, so I don't know if/when it will halve again (I know the original plan was block 400,000). SpartanCoin, could you please update the original post to reflect the changes you recently made?
Changing a coin's specs is not the best thing.
I agree that this is sometimes true, but the dev did it for good reasons. At the time the coin was released, 100B-coin coins were doing ok. But since then, most of them have failed. I think it's good that he brought the cap down. And with halving the cap, halving the reward makes sense. This tightening of the money supply should help make it more valuable. He's been soliciting input from the community, and I don't think anyone raised any objections to it.
Why do you think we hit BTC market from 0.00000004 - 0.00000018 LTC ?
There are a lot of things in the works for this coin, which will hopefully increase use and demand. If that happens, it could easily get up into the BTC range.
everybody beware of chickenstrips pool.i have received only one transaction for 12 hours mining there.the other 9 transactions going to LIMBO. they are not updating anything and now i tried to make a manual deposit and this don't work. their block reward is also at 150.000spn.So don't mine in there.
They're on the wrong fork. They haven't updated their wallet yet. You're wasting your hash if you mine there.
Seriously if we allow c-cex to remove spn it won't be a bad idea as other people wouldn't be able to buy huge amounts of spn on LTC so they wouldn't dump it on BTC On the other hand spn is 4th on mintpal voting and within a couple of hours I think it will go 5th. it's a matter of days to go 6th as this Mjollnircoin goes up. Also do not forget that within 1 week the voting system will stop. So, the best thing we can do if we are around 50 people here, to put alarms every 1 hour and continuously vote. this might give a big push of around 800 votes per day and that's around 6500 in a week
If you look a couple pages back, SpartanCoin said he talked to C-cex, and they will not be removing SPN. If you look back further, SpartanCoin said that some of the software (one of the apps, maybe?) will use C-cex for pricing. So it does need to remain on C-cex. And even if you took it off C-cex, it's still on Europex vs. LTC (for now anyway). It's very unlikely that we'll get on Mintpal with the voting. But I agree that it's still important because they may look at that list for future coins to add.