Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure
by
SlowGrowth
on 24/07/2017, 13:47:22 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...

See this post from previous page. Last paragraph.  Grin

Any news team as it was announced  3/4 week of july would bring about some big changes? Thank you.

Your timing is excellent. Smiley




We have a major announcement to make in the next few days. Here is a little primer:

The upcoming release will retire the interim wallet and launch the Blocknet production chain!

In addition to bringing OP_CHECLOCKTIMEVERIFY to the mainnet, the release will bring us fully up to date with all the enhancements made to Bitcoin Core over the past several years.

Finally, the release is a migration to a new chain, which will enable us to remove the often-misinterpreted burn address, among several other exciting possibilities


Stay tuned.







Awesome! Thank you very much