Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
eduffield
on 01/11/2015, 22:57:06 UTC

It is impossible to say what the final number of coins will be.  Dash has a flexible reward system.  If mining wanes because it's unprofitable, the rewards go up according the the formula posted on the OP.  The Budget system could lower that, but a lot of the estimate is based on the lowest rewards possible and a possible "high maximum" which is a complete guess.

Still, those are the boundaries between which the actual number of coins will be. So if we know the minimum reward is 5 and the maximum is 25, the final number will be somewhere between 18.6 and 73.3 million. I think there's a limit of 20 million (or something in that region) defined somewhere in the code, so the upper boundary is actually lower, but the 14 million from the OP don't really work out.

I just updated the OP and the website, I'm not entirely sure where 14M came from but it's completely wrong. I did a projection and it comes out to about 18.9M here: https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit#gid=0

* 6.1M includes coins created through the end of this year
** 2017 is calculated to have 5.5DASH per block (which is what we've been averaging this year)
*** 2018+ assumes the reward will be pegged to 5DASH per block (which is likely)

According to this calculation, we should stop coin emission near 2300  Wink