Author Topic: Block reward halving to 50 FIMK 2017-05-28  (Read 111 times)

Eliphaz Fimk on: May 28, 2017, 12:39:27 PM

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Block 1779840 ( https://lompsa.com/#/activity/fim/blockchain/latest ) started the 3rd block reward period, halving rewards to 50 FIMK per block from the previous 100.

This happened in 1061 days, 27 days ahead of tentative schedule as estimated before launch at https://bitcointalk.org/index.php?topic=633304.0

Each block forger gets both the transaction fees and an extra block reward. There are 4 stages of block rewards:

TOTAL FEE STAGE 1: 177984000
TOTAL FEE STAGE 2: 88992000
TOTAL FEE STAGE 3: 44496000
TOTAL FEE STAGE 4: 22248000
FORGER FEE STAGE CHANGE IN BLOCKS: 889920
FORGER FEE STAGE 1: 200 (DAY 0 to DAY 542)
FORGER FEE STAGE 2: 100 (DAY 543 to DAY 1087)
FORGER FEE STAGE 3: 50 (DAY 1088 to DAY 1631)
FORGER FEE STAGE 4: 25 (DAY 1632 to DAY 2174)