...
Algo X11
Reward structure:
Block 1 - Swap Coins
PoW | Block 2 - 6000 1 CHIP (Swap Period) or
PoS | Block 2 - 6000 1 CHIP (Swap Period)
PoW | Block 6001 - 16000 - 8 CHIP or
PoS | Block 6001 - 16000 - 8 CHIP
PoW | Block 16001 - 26000 - 12 CHIP (PoW End) or
PoS | Block 16001 - 26000 - 12 CHIP
PoS | Block 26001 - 32000 - 6 CHIP
PoS | Block 32001 - 38000 - 4 CHIP
PoS | Block 38001 - 68000 - 2 CHIP
PoS | Block 68001+ - 1 CHIP
Still doubting if we should make the final reward 1.. or keep it at 2...
...
Looking good, I like the static rewards. Let's get ready for some staking! Algo X11
Reward structure:
Block 1 - Swap Coins
PoW | Block 2 - 6000 1 CHIP (Swap Period) or
PoS | Block 2 - 6000 1 CHIP (Swap Period)
PoW | Block 6001 - 16000 - 8 CHIP or
PoS | Block 6001 - 16000 - 8 CHIP
PoW | Block 16001 - 26000 - 12 CHIP (PoW End) or
PoS | Block 16001 - 26000 - 12 CHIP
PoS | Block 26001 - 32000 - 6 CHIP
PoS | Block 32001 - 38000 - 4 CHIP
PoS | Block 38001 - 68000 - 2 CHIP
PoS | Block 68001+ - 1 CHIP
Still doubting if we should make the final reward 1.. or keep it at 2...
...
By the way, are you planning on releasing some sort of whitepaper containing all the information regarding the new specifications after the swap? Curious to see it.
While things are moving a bit slow at the moment and we're all waiting for the swap to happen, you're doing an awesome job Banzai. Keep up the great work you're doing here, really appreciated!
Thanks Luc.
To make one thing clear. I work at my own pace... I had some private matters that needed some attention, but that is all ok now And unlike a newbie... I will not just disappear in thin air I picked up this project because it was "dead" since the original developer left us... Many takeover projects failed us in the past.. I want to change that negative view on takeovers... And show people a takeover project can really work out when you are dedicated enough as a new project leader..
Anyway.. Ik think we can already safely say the takeover was a succes... Even though a few big dumps happend the last few days.. Which is pretty normal when BTC does a 100% actually... We are still standing stronger since I worked on CHIP then before.. Remember... We we're at 15-20 satoshi haha
As for a whitepaper.. I want to focus on completing the swap without problems first... When that is done there are a few other things that need attention.. OP/Website/Games/Explorers/Nodes all need updating after that.. But when that's all done I will gladly work on a whitepaper for the things I have in mind in the long-term for CHIP
EDIT: Seems I misunderstood... I will create a " flyer " with final info for the swap if that is what you meant