Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Neutron (NTRN) - Simple Staking, Medium Supply, Digital piggybank
by
audiotopix
on 06/05/2017, 23:26:05 UTC

I created a slack Channel Yesterday, I will add the info shortly.

The reward Halving is dynamic, by the halving it will have halved. I will look into getting you a better description, and make the necessary changes to reflect this. New NTRN Coins will be very scarce, and it is getting more so every day. This is also why NTRN is undervalued.

I do believe the 7% annual was from the original version pre masternodes,, I will straighten this out.

Thanks.

no way it's 7%.

for the time being full stake:  40 - 40*(nHeight % 1000000)/2000000

right now it's simply 40 - 40*nHeight/2000000

so the later you come the less you can get.

https://github.com/audiotopix/Neutron/blob/master/src/main.cpp#L1286



That is correct, and again another reason why NTRN is becoming more rare, and is undervalued,, the 7% was from the original dev work, and was pre masternode changes,, I have omitted this from the OP, and will correct the information asap. Anyone willing and able to help calculate these figures would be appreciated and rewarded a bounty.

*Im glad its not 7% that wouldn't be as rare,, which wouldn't drive the value up based on scarcity.



well as you see it's not rare, after 1mil blocks it won't be rare at all lol

That statement is not accurate at all, Newly minted coins become more and more rare as time goes on. The total supply at block 10,000,000 equaling 68,000,000 coins. We are currently near block 850,000 with a total supply of 27 million coins in circulation, from here on the rate of newly minted coins will only drop more and more.

A total supply of 68,000,000 is actually very small in comparison to many other coins, with less than half of that in existence now.

Newly minted coins, will be very very scarce.