Hey guys,
I am trying to write a calculator for your coin but I am struggling with (I assume) the block reward. In your op you state that after block 1000 the block reward will be 1000, but I get extremely low revenue as a result. That is probably because of the block bonus, but I don't know how to implement that.
If I understand it correctly every 5th block gets 5000USDe, every 10th gets 10,000 every 20th gets 20,000? Or is it just block xxx5 gets 5,000, block xx10 gets 10,000 and block xx15 just gets 1,000?
In the first case it would be: (80*1000+1*100000+1*50000+4*20000+4*10000+10*5000)/100 = average of 4000 coins per block. I compared that to altcoinstats.com and we now have the same value, so I assume this is correct?
Hi Tweek,
Block reward goes as follows: 100,000 (block xx01 in a 100 block cycle)
5,000 (blocks xxx6, xx16, xx26, xx36, xx46, xx56, xx66, xx76, xx86, and xx96 in a 100 block cycle)
10,000 (blocks xx11, xx31, xx71, xx91 in a 100 block cycle)
20,000 (blocks xx21, xx41, xx61, xx81 in a 100 block cycle)
50,000 (block xx51 in a 100 block cycle)
1,000 (remaining 80 non-bonus blocks in a 100 block cycle)
Total USD-e per 100 block cycle: 100,000 x 1 = 100,000
5,000 x 10 = 50,000
10,000 x 4 = 40,000
20,000 x 4 = 80,000
50,000 x 1 = 50,000
1,000 x 80 = 80,000
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400,000 USD-e per 100 blocks, or an average of 4000 USD-e per block
A little late with my reply, but thank you.
