We are getting more buy support, hope the updates/news this week will gain us more
good .well I hope to have many more small investors is a major investor in britcoin
Well we're hoping once BritCoin get published on a major news outlet it will attract an investor willing to buy £5k+ or so in Brits, that's 16 BTC and enough to take the price up from 500sat to over 14,000sat, it's enough to clear the entire sell wall actually.
That's what we're hoping will happen, £5k is not a huge commitment to a large investor.
Please say when Proof of Work mining started and ended. Also, what was the block reward initially and the halving time (if there was one)?
Has Proof of Stake been possible from effectively day one of the launch?
Thank you
Block reward was 1000 coins per block. PoW started in June and ended in July. Don't remember the specific dates (someone might help to fill this up?). There has been no any problem so far since the launch
DetailsBritCoin (BRIT)
X13 Algorithm
60 second block time
PoW + PoS Hybrid
PoW ended at Block 20,000
10 Million Coins estimated in PoW phase (20 million total supply)
12 hours min stake age
5% Annual Interest on Staked coins
No IPO
No Foundation
1% Premine for Bounties, Competitions and Giveaways
110 Block confirmations to maturity (for mined blocks)
6 block confirmations for coin transfers
1000 Coins per block
Ports: Main=9197, RPC=9198
