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About Infinitecoin
“Infinitecoin is an open-source cryptocurrency founded on June 5, 2013, and publicly released on bitcointalk and GitHub. It initially adopted the block reward rules of Bitcoin and Litecoin, with a fixed maximum total amount of 90.6 billion, algorithm Scrypt, and a block time of 30 Seconds. However, premature loss of block rewards faces death threats. Starting September 22, 2022, Infinitecoin tried to implement a reform plan with a fixed block reward of 1,000 IFC, but the results were minimal. On January 14, 2024, the final reform plan was implemented under the consensus of the majority of the community. The block reward was from 20,000 IFC to 10,000 IFC and 5,000 IFC. The block reward will be halved in 2 years. The final block reward is always fixed at 5,000 IFC. The first Infinitecoin is preparing to equal the total supply of Dogecoin in 4 years to ensure that the market has enough chips for transactions. The second is to ensure that the block reward will always be the same as Dogecoin, DOGE:1440X10000=IFC:2880X5000, but Infinitecoin is POW and Dogecoin is AUXPOW. This change in the block reward rules is inspired by the method used in Dogecoin.”
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