woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block
Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.
My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.
declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners
Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.
Without the miner the investor would not exist.
There will always be miner. Even dead coin has miner.
Every single 'successful' altcoin to date has followed the pattern of:
ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP
I hope that this one is different because watching Litecoin die is not pretty.
i dont have any problem if litecoin die, because that coin does not give anything new to bitcoin (both are asic mined), except litecoin is priced less
but if burstcoin die, its really not pretty
Burstcoin has uniqueness to it. That is a good thing and I suspect that is what attracted a lot of people to it.