[ about the expected maximum amount of Dash reduced from ca. 22 millions to ca. 14-18 millions in the announcement post ]
No one answers questions from Dash.. always only changes to benefit the developers
Let me explain this for you:
- Dash uses a dynamically calculated block reward. When the global hash-rate is low (means not many people are mining Dash) the reward of coins per found block is higher than with a higher hash-rate. At some times the hash-rate was VERY high, meaning there were fewer coins created than theoretically possible. The idea behind this was to have higher rewards when the hash-rate low, thus creating a higher incentive for miners to mine Dash when the hash-rate is low. This worked perfectly so far.
- No one can predict how much the hash-rate will be at a given time, therefore the initial number of 22 millions Dash was the maximum possible coins in the optimistic case that the hash-rate would stay so low that always the maximum amount per block would be paid. This of course was rarely the case.
- If you estimate the maximum possible coins at a later point in time (where you already know how many coins were created during e.g. the first year) you would of course come to a lower result.
- At one point during the last weeks Evan adjusted the announcement post to reflect this new number
Of course you already knew this, but there might be newcomers who don't know. Now they do.