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Keyhotee / Re: Screen Shot
« on: November 26, 2013, 05:05:28 pm »
I like what you've shown us so far, looking forward to seeing more screenshots
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Interesting, so any open bids and asks will be attached to the bottom of the Blockchain? Also, will the rewards really be starting out at 3,200,000,000 BTS per block?
Those are Satoshis and actual money supply numbers are not fixed.
The market at the bottom just summarizes the bids / asks in the chain for debugging purposes.
More important it to follow how dividends, fees, etc work and how the transactions link together. Also note that that blockchain 'validates' so we are making a lot of progress.
Well bitshares, domainshares, etc aren't DACs because they don't exist yet. To be a DAC you must first exist.
Difficulty is still increasing and rewards falling. The next million will take a lot longer to mine.
True but diff time has ben undercut by factor 4 so far so we are done in roughly 6-8 month if this continues ^^
So? That should be positive. It is just like Monopoly, the game. When all resources are taken out there will be higher bids on the resources. It is only positive, imo.
So, is the lottery system entirely optional? People could still mine the standard way (with a longer maturity period) on pools and get a steady income, but the people hoping to win big could opt to solo-mine on the lottery system?
Correct, the loto-system would be a low-overhead extra that adds value to the overall coin.