IMPORTANT FORK/RESET GETTING PLANNED FOR THE THIRD SUPER BLOCK
Important fork and reset is being planned for the third super block; removing unclaimed forkdrops and reducing the inflation by 60% to restore the original vision of inflation are a major part of it. For more information, join us on Discord or Telegram.
Proposed changes are:
Reset the chain at the third super block
Remove the untouched forkdrops
Increase the collateral to 50K SWIFT
Reduce the block rewards from the initial 150 SWIFT to 60 SWIFT
Reduce the maximum budget accordingly
Change the first halving cycle from 8 years to 20 years
Add the first round of swiftrewards to the new snapshot
Restart the chain and airdrop the addresses based on the new snapshot
Pledge to vote yes to proposals that will want to attempt to claim their swiftcash, up to at least six months after this fork
Definition of a zombie address in this context: an address that only has one transaction, which has happened before block 200, which is labelled as forkdrop in the explorer. To find out more about the proposal that is still up for vote, click below
https://steemit.com/swiftproposal/@msg768/swiftcash-proposal-hard-fork-reset-zombies-inflation-and-collaterals
SwiftCash inflation after the upcoming fork/reset:
SwiftNode Rewards after the upcoming fork/reset:
Monetary Base after the upcoming fork/reset:
It is notworthy that about 76% of the current supply, appx. 233 million SWIFT, are considered zombies or untouched airdrops on most smartcash holders, which will be removed in the coming fork/reset. Given the current numbers, we're going to start off with less than 80 million SWIFT.