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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > [ANNOUNCE] EnCoin - An alternative with a completely different paradigm
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JohnDoe
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September 29, 2011, 09:27:31 PM
 #141
Quote from: Etlase2 on September 29, 2011, 07:57:48 PM
I'm a goddamn genius. Just you wait.  Tongue

I've been waiting all my life for the perfect decentralized currency that will become mainstream and destroy the institutions that I hate. Can't hurt to wait some more.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Etlase2 (OP)
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September 30, 2011, 12:41:10 AM
 #142
NEW THREAD: https://bitcointalk.org/index.php?topic=46237.0

locking this one so the focus can be on the completely revised proposal.

thanks for all of your input
Decrits
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