Re: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014
Thank you for your comments,
regarding total supply: a well-known 42coin would be the most valuable coin if "the more rare the more valuable", but it is not so.
You probably meant inflation or unlimited supply, or anything else that dilutes value of something.
Mooncoin has some inflation certainly, as people mine new coins, it's about 5% annually,
while some other well-known coins have an inflation of 15% or more.
Dogecoin has the same inflation of about 5%, but unlimited supply (they have changed its supply just like many other "decentralized" coins changed their rules or are going to change them), and proof-of-stake coins have unlimited total supply, of course,
as for Mooncoin - an original dev told us:
regarding total supply: a well-known 42coin would be the most valuable coin if "the more rare the more valuable", but it is not so.
You probably meant inflation or unlimited supply, or anything else that dilutes value of something.
Mooncoin has some inflation certainly, as people mine new coins, it's about 5% annually,
while some other well-known coins have an inflation of 15% or more.
Dogecoin has the same inflation of about 5%, but unlimited supply (they have changed its supply just like many other "decentralized" coins changed their rules or are going to change them), and proof-of-stake coins have unlimited total supply, of course,
as for Mooncoin - an original dev told us:
With over 384 billion MOON available, there is one coin for each millimeter of distance from the Earth to the Moon!
andMax coins: 384,400,000,000 MOON (yes, billion!)
Good to know about this. Having a total supply of a billion Mooncoins, means that there is plenty for everyone to get their share and keep mining it for long term. And yes, I've realized that there are coins with less supply but they aren't that valuable at all. But its good to know these facts to have a better understanding of the cryptos in the market. Mimicking is really fun to mine and use
