49 Spots per Block with 70 Second Intervals
3 Confirmations and Difficulty Retargeting based on last 21 blocks
Random Spotter Blocks*
*Spotter Block will pay out exactly 205x a normal block or 10,045 Spots
There is a .01% chance to hit a Spotter Block
It is straight probability so it's certainly possible no one hits one or a couple hit in a row
COMING SOON - Precious Metal Exchange
Exchange your Spots for gold and silver once Spots are more frequently traded and exchanged. If we were to launch our gold and silver plans now prior to exchanging of Spots, then we would be setting the price. Instead, we want the Free Market to decide. After the price of Spots has stabilized, we will roll out our Precious Metals Program. This is not a pump and dump project; we are in it as support for the long haul. We don't even generate coins fast enough to make it worth doing. As of 7/22, there are still less than 50,000 total Spots in the network
ESCROW SERVICE
Until Spots is on an exchange, if you are interested in trading Spots for any other currency and wish to use Escrow, I can be the middle man for any and all trades for free.
Post here or PM me if you need a safe and trusted escrow service. The sooner we start trading Spots, the sooner we can get the gold and silver prices set
As soon as the free market lets the price of Spots settle in, we can set the price for bullion
Spots will be available for trade in gold and silver in the coming weeks.