Announcement on WTCT Network Reward Payout for GMN

Waltonchain_EN
2 min readJun 26, 2019

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Dear global Waltonchain supporters,

According to the Waltonchain Progressive Mining Reward Program published in April 2018, “a GMN wallet account will be awarded with 2+1 WTCT for successful mining of each block, and upon token swap, an additional WTCT per mined block will also be awarded to GMN wallets.”

The WTCT Network operation terminated after block #550,000. Walton Chain Foundation will send out the 1 WTC/block additional mining rewards to GMN miners from the Foundation account within 10 working days.

The Foundation will send the equivalent ERC-20 WTC to Ethereum addresses corresponding to the WTCT addresses.

For example: when the GMN address 0x123456789 with private key 123456 mined 200 blocks, the Foundation will send the additional reward of 200 WTC to the Ethereum address 0x123456789. Since the underlying algorithm of Ethereum and WTCT Network are the same, the 0x123456789 Ethereum address can be accessed with the private key 123456 and the received 200 WTC can be used.

Thank you for your support for Waltonchain!

Walton Chain Foundation

June 26, 2019

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