Block 50,000 reached. POS only now.
Do some transactions by moving coins around in chunks > 15 to get the chain moving along. It seems that the chain only moves when tx are made, you can watch this in the block explorer. I think the reward of 0.01 is very small. Maybe the dev can comment.
I think the low reward is fine, it limits the numbers of coins available, and should retain any value in existing coins in circulation.
Once the adult industry adopts adult digital currencies the chain should move better as more people transact it, if there were exchanges on board this would also increase movement of coins.
Now ready for phase 2 of Project Analcoin : The Sphincter Files , how do we now get this thing moving and fasttrack adoption by multiple industries?
What I mean is that something does not seem right with the POS. A chain should be going on autopilot at a pace of a block per 40s in this case. It does not make sense for a chain to be manual and that a block is only solved if someone sends coins somewhere. This would mean that if someone pays for something and there are no other transactions for the next 2 hours the transaction will not be confirmed for some while. The dev needs to look into this and fix what is broken.