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Question: What should EdisonX3 have as a Block Time?
[Super Fast] 1-5 minutes - 3 (23.1%)
[Medium] 6-10 minutes - 1 (7.7%)
[Slow] 11-15 minutes - 1 (7.7%)
[Super Slow] 16-30 minutes - 4 (30.8%)
[Slowest ever] 31 minutes or more - 4 (30.8%)
Total Voters: 13

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Author Topic: [EdisonX3] Block Time Discussion- You Vote, You Decide [Development in Progress]  (Read 1587 times)
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EdisonX3 (OP)
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March 01, 2014, 05:26:26 AM
 #1

EdisonX3 is a community vibrant crypto currency. We still are in development phases; however, the main foundation is setup to gather community input,
and we'll decide from there. Community, You can now have a vote, and you can decide what you'd like to see EdisonX3 be like with Confirmation/Block Times.

Cast your vote now, and explain your selected answer or theory.  

Here is our current Specifications- however, we still are in development and willing to take on some new ideas.
Specs
Algo = Scrypt
Max coins = 950,000,000
Block time = 30 minutes
Difficulty re-targets every block
Block reward = 1922
Block reward decreases by 10% every month for the first year.
PRE-mine? Either 0% or no more than 0.97% (Still in the works)
By the year 3000 block reward will be 50 EDISON's per block.
There will be total of 950,000,000 coins created in 1000 years of mining EdisonX3.

The EdisonX3 team will be deciding in the next day or two.  This is all up for discussions.  More EdisonX3 Development Voting Threads will be up soon.

Pre-Ann (In-Development) Thread: https://bitcointalk.org/index.php?topic=491711.0
EdisonX3- The History PRE-Crypto Currency: https://bitcointalk.org/index.php?topic=493270
Join the waiting list @ http://www.EdisonX3.org (Submit your email for an invite at launch and invitation to the forums)
** Invite Only Forums** Discuss it on the forums ~ http://forum.EdisonX3.org

The Official Historical Crypto Currency Representation of EdisonX3 Logo: http://edisonx3.org/images/EdisonX3CryptoCurrency750.png
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Anonz
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March 01, 2014, 05:16:38 PM
 #2

voted for it

Anonz want to remain Anonymous. It's up to those who follow along with us.  My favorite coins?  Magi, Bitcoin, and Darkcoin. Thread about XMG: https://bitcointalk.org/index.php?topic=735170.0 - Market of XMG: https://bittrex.com/Market/Index?MarketName=BTC-XMG - #Magi on Freenode IRC:  https://kiwiirc.com/client/irc.freenode.net/#magi
EdisonX3 (OP)
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March 04, 2014, 11:59:06 PM
 #3

Edison Vs Tesla [Rap Battles of History]

Image Compilation... Edison pumped inventions?
Video created in March 2013... uh oh!

https://i.imgur.com/GbhEE4b.png

watch the full video here: http://www.youtube.com/watch?v=gJ1Mz7kGVf0
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March 17, 2014, 11:05:53 AM
 #4

Any updates on this? I did vote for the 30 minute block time. I think you should leave the specs as is like stated in the OP. Seems like everyone else is thinking the same thing- you've proven your point about the malleability issue and why the longer block time is necessary in Edison.
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