What does this mean - "We had an issue with the block rewards. It was in fact not a 21 billion coin but a 64 billion coin."
How many coins are pre-mined? How much will be the total coins??
about 36million were premined <100 blocks. The 21 billion issue was a math issue. We have fixed that.
by using a poll the community has decided that this must be a 21 billion coin.
so we changed the software and now the coin has fast block halving ( 15000 ) to stay under 21 billion.
3.5 years it will take to get to 21 billion
also this fast blockhalving gives the coin an interesting feature....
ps. less than 100 blocks were premined.. total of about 34-38 million ( dont know exactly, 1 wallet had 19 million, other had +- 15 million )
Most of it has already been given away... still some large >1 mln bounties are about to be given away ( see reward link )
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