Block Targets:
- 2.5 minute block targets up till block 44,999
- 2 minute block targets thereafter
- 504 blocks per difficulty retarget up to block 44,999
- 60 blocks per difficulty retarget up to block 248,000
- Difficulty retargets each block thereafter
Block Rewards:
- Blocks 1 – 200 = 10,000 GLC
- Blocks 201 – 2,200 = 1,000 GLC
- Blocks 2,201 – 44,999 = 500 GLC
- Block 45,000 reward drops to 45 GLC
- Block xxx,xxx reward drops to 32 GLC
- Block 372,000 reward drops to 4 GLC
- Reward is then reduced each year using the following formula: 50 divided by (1.1 + 0.49*every year thereafter)
Total Blocks: 21,441,000
Total Premine: Zero (not premined)
Total Coins: 72,245,700
Block Reward ends in year 2093, transaction fees still apply.
The GoldCoin source code can be downloaded from the github page here: https://github.com/goldcoin/goldcoin