BitShares Forum
Main => General Discussion => Topic started by: cass on June 09, 2015, 02:58:19 pm
-
https://www.youtube.com/watch?v=FR4Qgc8QI2E
-
lol they not have Ken for subtitles :D
-
https://www.youtube.com/watch?v=FR4Qgc8QI2E
POW => Dead in the water ..
but funny presentation ..
-
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.