Author Topic: OneCoin ...  (Read 1315 times)

0 Members and 1 Guest are viewing this topic.

Offline Samupaha

  • Sr. Member
  • ****
  • Posts: 479
    • View Profile
  • BitShares: samupaha
OneCoin has the best blockchain ever! I was curious and tried to find out how it exactly works and this is that I managed to know:

Block time is ten minutes and block reward is 10 000 onecoins (this is not going to change). Amount of onecoins is limited to 2 100 000 000. So that means all onecoins will be mined in four years.

Apparently they don't have transaction fees. So after four years there are no incentives for miners to maintain the blockchain.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc

Offline infovortice2013

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 521
    • View Profile
    • BitShares en español
  • BitShares: traderx
lol they not have Ken for subtitles  :D
New Keyoteeid: 5rUhuLCDWUA2FStkKVRTWYEqY1mZhwpfVdRmYEvMRFRD1bqYAL
new08/21 id 5Sjf3LMuYPSeNnjLYXmAoHj5Z6TPCmwmfXD6XwDmg27dwfQ

Offline cass

  • Hero Member
  • *****
  • Posts: 4311
  • /(┬.┬)\
    • View Profile
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█