GoldSeal was kind enough to make the changes. We will implement this update soon and initiating the following;
Total coin supply reduced to: 63000000
Block reward reduced to: 10
Min Version = x: Pushing old clients out
New Version = 1.3.x
Anything else minor that should be done in the update?
I have been offline in regards to casinocoin for the last few weeks so maybe i missed some things. What is the reason to reduce the total coin supply? I would think the coin would benefit from a larger amount of available coins? By reducing the amount and the block reward you probably hope the coin value will rise but i doubt that in its current state that will be the case. The idea behind all the cryptos is that at some point in time when the last coin is mined the miners will make their money with the transaction fees. Until a coin is widely accepted the amount of transactions is still low and thus a coin will loose the interest of miners in the future. I would opt for keeping the amount of coins the same but reduce the block reward to lengthen the period of time the miners will receive block rewards to give the coin a better chance of surviving in the long run. Just my two cents ...