Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
MR1
on 24/05/2017, 12:56:14 UTC
How many coins blocknet are issued? at the moment.

There are around 3.900.000 Block tokens. New tokens are generated by staking.

I do not understand why there are 6 million coins here. BTngbpkVTh3nGGdFdufHcG5TN7hXYuX31z

It is a burn address. The tokens that were not sold after the ITO (around 6 million tokens) were sent to this address to burn. This means these 6 million coins are burned forever. So there are only around 4 million coins in circulation now.