Upcoming Milestones

by BlakeKeiller, Tuesday, November 09, 2021, 09:04 (26 days ago)

The current block height is 12761. Some changes will occur up to Block 20000. These have all been announced earlier, but it's worth having them in one place.

Block 15000 (expected to be in Feb 2022): At Block 15000 the 25 bar reward going to the reward bounty fund will stop. At that point the only reward will be the 25 bar rewards to the staker. This places an upper limit of 10.875 million on the total number of Proofgold bars that can ever exist.

Block 16000 (expected to be in Mar 2022): From Block 16000 to Block 18000 only assets of at least 1 bar will be allowed to stake.

Block 18000 (expected to be in June 2022): From Block 18000 to Block 20000 only assets of at least 10 bars will be allowed to stake.

Block 20000 (expected to be in Sep 2022): After Block 20000 only assets of at least 100 bars will be allowed to stake. If you intend to be a staker at this point, you will need to prepare by consolidating assets to be at least 100 bars and (optionally) locking them until a certain block height.

After Block 20000 the next change will be the first halving of the block reward at Block 210000. This should happen around the year 2043.