Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCO] XCoin | CPU - Fast, Easy Mine, * NO PREMINE * | Official Thread
by
JGCMiner
on 11/02/2015, 12:42:41 UTC
- 5 minute block target
- 6 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward controlled by moores law ( 1111 / (diff+1 ^ 2))
- 11 chained hashing algorithms
- Premine: 0%

Since the reward is variable and depends on the difficulty, is there a maximum amount of coins to be mined? A maximum amount of blocks?

Yes, the max coin amount is 84,000,000

its  22 M  or  84 M ?? why in first post say  22 M max coins ?

The number of coins minted is based on difficultly.  We could reach 84 million in theory,  but only if difficultly fell off a cliff (not going to happen).  The higher the difficultly the fewer number of coins per block (down to a limit which is currently 4.65).  Thus 22M is a estimate based on expected difficulty levels.