why doesn't this have the "burn" subtracted from the outstanding total?
"Old" EXCL:
Total supply: ~60,000,000 (60MM)
[60000000 - 23474339.7208 [burned] = 36525660 actual total numer of coins in circulation]
[source:
36525660 / 10 = 3652566 and this is block one.So there was no need to create 60 mil to burnd them, we went right away for number from original existance
Old math: Total possible coins in existence 60M-23M(burned) = 36 Million *possible* coins. Only about 15 million of those had been created,(mined/staked) before the switch. You gave yourself the rest of the possible mined coins when the switch happened? the remaining 21M (now 2.1M) coins?