Post
Topic
Board Announcements (Altcoins)
Re: (ANN) Netcoin has gone POS! With PIR & OWI
by
Netcoin Foundation
on 14/09/2015, 19:00:50 UTC
What's the max netcoin/supply cap? Is there any? I haven't found a conclusive answer besides 384 million coins but since POS is obviously varied, I would like to know, thanks.

Edit, my wallet synced and shows 481 million + netcoins created so obviously 384 million is not hte right number.

There is no upper limit. release is controlled through staking and amounts unspent for those periods. that said this december pir will halve. so if there are 500 million coins then if all were untouched and staked one could expect approx 180 million coins new for the next year.

it sounds high but if you look at it in this way with 474 million coins out only 474 people can own a million each.

big changes soon. new wallet, new sites, funded projects and services to release. got an idea/skills? put it to the foundation and get funded in netcoin to deliver. these funds come from big net owners that bought coins on exchanges that out of their own pockets want to further netcoin. get building!!!

Ah ok, great, thanks.

I'm just a user/investor, so I hope the sites and services that come out will be nice.


"just" a user/investor:  Those in NET we consider are more than "just" Smiley

As o0o0 said, there is a lot in the works, and soon we'll be showing it.  Don't have a definitive timeline on the new sites yet (we're locking everything down, private servers, security, etc).  But, hang tight, as we begin to announce what we're working on Smiley

Glad to have you as part of the community!