Quote from: BootstrapCoinDev on February 26, 2015, 01:03:40 PM

Quote from: brightlight on February 26, 2015, 09:29:51 AM

Quote from: placebo on February 26, 2015, 09:09:22 AM

How much was sold?

This can be like a lot of those ICO on Bittrex, flying high in the beginning for the first few weeks and then going back close to ICO price.

As I remember smth about 550k coins were sold. In the first month approx. 30% inflation is expected due to PoS rewards, if everyone stakes, roughly 720k coin supply after 1st month theoretically, but much less in practice.

If the entire network compoundly stakes the coins, there would be 1,97M max after first month.

Isn't 365% interest yearly? If so, then 1% per day.

This... From dev!

Quote from: boxxa on February 19, 2015, 02:30:22 PM

Quote from: Beaverslayer on February 19, 2015, 03:45:29 AM

Dev, can you please explain the math to me on this POS of yours?

PoS Variable Interest (from last PoW block):
Month 1: 365% Interest (< 30 block days)
Month 2: 100% Interest (31-60 block days)
Month 3: 25% Interest (61 - 90 block days)

If I buy 1000 coins, how many will I have after the third month?

rough estimate your coins are ages and you stake all the time

1000 start
1300 after month 1
1400 after month 2
1420 after month 3

Can look at daily compounded interest calculators for rough estimates but remember PoS is based on coin age so it's not exact.

We won't see even 1mlj coins around.