Quote from: behindtext on December 27, 2015, 02:25:36 PM

Quote from: jeremy grol on December 27, 2015, 01:48:49 PM

Question is:
-They have 4% of coins pre-mined plus 10% of every block minted for ever.

-4% of coin premined,based on 21 millions supply....which is the amount for first 5 month or first year?

I mean, if for first year the coin minted will be 10 for example, they have not 4% but 40%.

Using the information posted earlier in this thread for the total coin supply as of end of year 1, 4704267, which is roughly 4.7M, we have the following:

- 4% premine for developers, 840K coins, constitutes 17.8% of the available supply at end of year 1
- 10% dev org subsidy is [4.7M (total issued eoy 1) - 1.68M (8% premine)] x 10% = 302K coins, which is 6.4% of the total available coins at end of year 1. Note that the subsidy only starts after the premine, thus the subtracting of the premine when calculating this figure.

This gives a sum of 17.8% (dev premine) + 6.4% (dev org subsidy) = 24.2%.

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So,how long will be the pow phase? To determine the effective % of pre-mine.

I am not sure exactly what you are asking. Can you be a bit clearer about what you're looking for here?

Ok.
Thanks for your answer.