Thursday, January 24, 2019

Block 37,000 is almost upon us!

As the coinburn is almost upon us, I thought I'd take the opportunity to point out some of the changes that will be taking effect.

  1. For the "superblock": each block reward will be reduced by 5% of the normal block reward. This is the funding for community proposals. Takes effect: starting block 39,420 (~ 16 days after the coinburn).

  2. First superblock is at 43,800 (~ 46 days after the coinburn).

  3. Any undistributed funds between superblocks get burned. So please note, we are less than 50 days away from the first superblock being paid.

Please familiarise yourselves with the entire process before submitting a proposal - check out all the resources, and it will be a lot easier!

Github: Step-by-step guide for generating proposals https://gist.github.com/kaypon/7beb3ecd5f64d31915167d4cb5aeb2b9

Reddit: Proposal generation resources https://www.reddit.com/r/AnonymousBitcoin/comments/9og792/first_anon_governance_proposal/

There are 4380 blocks between each superblock. 4380 x 50 x 5% = 10,950 ANON to be distributed per superblock.

As this will be AUTOMATED distribution of live funds, it is important to VERIFY the proposals being voted for.

"Build a reputation The ANON community is growing more and more each day, always welcoming new users. Because of the nature of Crypto in general, and how proposals work, trust plays a key role in a successful proposal. Starting small is advised, allowing you to prove your credibility to the community. Keybase is a great way for users to build a verified online persona, and in turn, build trust in the community."

Refer to the "tips for a successful proposal" on github (in the link above) for more. For anyone that does not have access to reddit for viewing the details of proposals, they will be cross-posted to http://forum.anonfork.io/



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