Looks like a pretty decent coin.
No halving? 30 days of mining at the same block reward... I'm interested to see how this works out.
Thanks! No, there's no halving. A lot of coins starts with big blocks, and when they hit bittrex, everyone sells evetything, and the price goes down, or the coin dies. And people who keep mining until the end of the chain, end up losing money instead of being rewarded.
So, we thought 1 ELC per block would be a lot better (long-term).
@schiavonxv since there's no premine we can't reward for translations. However if you still do it for free, we will really appreciate it!
@Redtschorn thanks!
@cecilbdemented we thought of that. We don't really know what's best in this case.
If we set let's say first 100 blocks = 0 ELC, people will complain, because the diff will go up and miners who don't have a lot of power will lose an opportunity to mine some ELC at low diff.
If we leave the reward 1 ELC per block from block 1, people will also complain. So, it's kind of a hard decision.
