Block Rewards!Maybe im wrong, but your shown blockrate is 1 Block per 90 Seconds? Time/Block 90 !
So shouldnt it be like this ?
- 0.66 Blocks/Min
- 40 Blocks/Hour
- 960 Blocks/Day
- 6720 Blocks/Week
- 349440 Blocks/Year
?!?
P.S.:
Your Premine is 27777 Blocks high, how long it will take to mine you can calculate yourself
So guess what motherfucker? Your absolutely correct and we would like to thank you for actually being, I believe, the only person to actually check any of the calculations! If you would like, once the coin is launched please send me a pm with your address and you will most definitely be rewarded for calling us out on our fuckup. BitSlap is a two-way street, you call us out and your right - you win.
Anyway, my brain has reached its max capacity for one day but let me just touch on the pre-mine amount, block numbering, and show you how the modified distribution looks. In regards to the amount being high - if you look at it as a single account that I'm going to greedily be sitting on waiting to dump the second this coin is released on a market than your absolutely right. But that's not our goal - the current team consists of 6 people each working on different aspects with different levels of involvement so you need to consider that its not a singular amount. Second, we don't have any massive rigs nor did we rent any hashpower (heh, if you did - congratulations, your the first to officially get bitslapped) so any coin claiming 0% premine is either going to instamine or find some other scam to get it regardless.
But with all that being said and especially with the numbers being redistributed, I do tend to agree it may be a little high and I'm open to *
some legitimate feedback* on what you all feel a fair number is. Also, we're looking for people that would be willing to contribute to BitSlap and essentially become part of the development group. To this end while we still intend to offer some of the typical bounties, once we're on track we plan to focus development into a few key projects and we would like to use a portion of that bounty to give to members willing to either contribute or take on some of these. It seems like there's always a lot of people looking to contribute to various coins in some way and it seems to me they're generally ignored by the developers so that's where the intent stems from.
So real quick in regards to how many blocks it would take and those concerns, the answer is that its going to be built into the first few blocks and then switch over to the actual curve. Done. That was easy.
And here's a look at the modified distribution thanks to Pelk:
http://i.imgur.com/Kxf484y.pngSo I'll put up some reference numbers similar to the other ones in the morning but i guess the moral of tonight for everyone is shittalk + math = results. Peace bitches!