Post
Topic
Board Altcoin Discussion
Re: [XMR] Monero - Marketing Team & Tactics
by
generalizethis
on 15/04/2016, 08:14:38 UTC
btw, you seem to forgot to add how monero has infinite supply.  profit for everyone  YAYyy  Cheesy

EDIT : did the monero wrote that fact about infinite supply Huh   if i was an investard in monero i would feel cheated if it isnt

The tail emissions fixes a problem, a problem you apparently don't understand, but nice try.

what problem is it  Huh the problem of rising prices Huh LOL

the mining in the end should be paid by tx fee alone, not eternal infinite coin supply


yet they didnt announce in their monero ann about the eternal infinite coin supply
shhh... whatever, maybe i ll just invest in some aeon instead... i hope they have finite coin supply instead. im sure they are better than monero, afterall if you fork some broken coin it become better... ritee bro ?

Other coin developers have theorized that tx is enough--Monero Devs figured differently. It was discussed a lot within the community and does not in any way break the social contract, so have fun finding out that tx probably isn't enough for yourself.

OMG within the community, yet they didnt explain the fact to those newbie investor Huh   noob investor like me would assume that crypto coin has finite supply...
in fact i myself just aware of the fact that monero has infinite eternal coin supply




From Monero's ANN page:

"Specifications

•PoW algorithm: CryptoNight [1]
•Max supply: Infinite (see note below) [2]
•Block reward: Smoothly varying [3]
•Block time: 60 seconds
•Difficulty: Retargets at every block

[1] CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates.
[2] Initial number of atomic units is M = 264 - 1. However, once the block reward reaches 0.3 XMR (sometime in 2022) that is treated as the minimum subsidy, which means that Monero's total emission will forever increase by ~157783.68 XMR annually.
[3] Uses a recurrence relation. Block reward = (M - A) * 2-20 * 10-12, where A = current circulation. Roughly 86% mined in 4 years (see graph)."

I suppose the Devs should come over to your house and read the ANN to you after they tuck you into bed, little tiger?