Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Diamond (DMD) Evolution v 2.0 | NEW wallet, 50% POS Active
by
hallared
on 03/01/2015, 18:47:45 UTC
Quote from: TheMightyKnight on January 03, 2015, 04:14:44 PM
Quote from: cryptonit on January 03, 2015, 03:14:33 PM
Quote from: TheMightyKnight on January 03, 2015, 02:54:20 PM
Does any anyone have an estimate of when we will reach 1M DMDs ?
....i suggest u gather 20 block points like 10000 blocks between them
and trace the avaiable amount of DMD at this points
and then extrapolate that curve into a possible future....
....So it will take  4517 h 21 min 38s from 3rd January 15:43:15 to get to the 1'000'000th block if the rate of issuance stays the same as for the last 2015 blocks. That is of course an approximation,  because we only look at the last 2015 blocks, but according to my calculations, we would reach the 1'000'000th block (1'000'000th DMD) around :
3rd January  2015 15:43:15 + 189d 10h 7min = 13th July 2015 1:50:0....

....P.S.: I am doing my math homework, and seriously, this calculation is a lot more fun

Well, your calculation looks accurate but…. didn’t your math teacher tell you to read the task description thoroughly before displaying your mathematical proficiency? Wink

In DMD the amount of total coins is not the same as the number of generated blocks, and it was the ”…available amount of DMD…” that Cryptonit mentioned in his suggestion. I’m certain that you can do the same calculation with this parameter instead. As the PoW block reward will change at 1000000 total DMD coins this result will be much more interesting.