Project progress 12.02.2021

#MetaHash
#MetaHash
Published in
2 min readFeb 12, 2021

Hello everyone!

This week is pretty hard for our development team.

Unfortunately, the problem with Cores synchronization is still not resolved. But our devs continue to work on this weekend to speed up the process. As soon as the synchronization is established, we will inform you immediately!

Tomorrow, February 13, the third year since the forging launch starts, so the reward pool will be reduced. This Saturday you will receive the same reward (for 12.02) but on Sunday the changes will take place.

We remind you that the size of the forging reward will be reduced from 13.8% (634.800.000 # MHC per year) to 12.4% (570.400.000 #MHC per year). By the way, there are 18 years of forging ahead and such reductions are presumed for each year.

However, the pool distribution will stay the same:

  • 50% for delegation (285.200.000 #MHC per year);
  • 40% for nodes (228.160.000 #MHC per year);
  • 10% for forging by wallet (57.040.000 #MHC per year).

You can always find more information about the emission in the White Paper.

In addition, all the latest code updates are shown on our GitHub, here you can follow the development of #MetaHash.

Have a good weekend!

— — — — — — — — — — — — — — — — — — — — — — — — — —

Our website
#MetaGate
Telegram
Twitter

Reddit

--

--