[ANN] Genstake [GEN] [QT WALLET UPDATE] [STAKE-MINE] [SCRYPT] [FULL POW/POS]

[arwani1985]

thanks very much sir

[HORT]

is there an irc chan for gen?

Not currently, but will plan on one in the coming weeks once things are rolling along nicely.

[hexdump]

will there be POW or POS only?

There will be both. Things will stay the same for now as listed in OP.

Proof-Of-Work
Algo: Scrypt
Block Reward: 5 GEN, Halves Annually
Max Height: None

Proof-Of-Stake
Block Reward: 20 GEN, Halves Annually
Min age: 4 hours
Max age: 30 days

is this going to be fork ?? or wallet update?

[HORT]

will there be POW or POS only?

There will be both. Things will stay the same for now as listed in OP.

Proof-Of-Work
Algo: Scrypt
Block Reward: 5 GEN, Halves Annually
Max Height: None

Proof-Of-Stake
Block Reward: 20 GEN, Halves Annually
Min age: 4 hours
Max age: 30 days

is this going to be fork ?? or wallet update?

No forks, the above is what it has always been and it will stay this way for now. The new wallet will have block splitting ability so you can split coins into any size block you prefer.

[locohammerhead]

will there be POW or POS only?

There will be both. Things will stay the same for now as listed in OP.

Proof-Of-Work
Algo: Scrypt
Block Reward: 5 GEN, Halves Annually
Max Height: None

Proof-Of-Stake
Block Reward: 20 GEN, Halves Annually
Min age: 4 hours
Max age: 30 days

is this going to be fork ?? or wallet update?

No forks, the above is what it has always been and it will stay this way for now. The new wallet will have block splitting ability so you can split coins into any size block you prefer.

Ohhh the diff is going to skyrocket

[HORT]

The new takeover thread is here:

https://bitcointalk.org/index.php?topic=1205536.msg12655150#msg12655150