Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure
by
SlowGrowth
on 24/07/2017, 13:31:58 UTC
What is the inflation rate on Blocknet ?
In the initial post it says : Coin supply: 3,910,516 BLOCK
And on coinmarketcap it says total supply 10,083,163 BLOCK ?


Those 6 million coins were left undistributed coins at the ICO years ago and got burned long time ago correct me if I am wrong here.

You are completely correct. Smiley

Wow never knew that... So basically your saying that from now on there will only be a little inflation due to POS rewards? What is the daily rate at the moment? This is a game changer to me since only now i understood that 66% of the total coin supply shown on coinmarketcap has already been burned... Where can i find this burn proff and transactions? I think you could benefit from having that in OP since most people see coinmarketcap for coin supply and get the wrong idea...