Post
Topic
Board Announcements (Altcoins)
Re: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌
by
alzander
on 22/10/2017, 20:09:28 UTC
Very excited about a new release. Any fixes are movement in the right direction for this coin.

is there a plan to decrease the amount of coins? there seem to be an awful lot of them  Roll Eyes

The supply has already been decreased from 500 billion. There's a reason for having that many coins, which is having a very small minimum unity that can be used for paying for micro-services, e.g. forwarding a single data packet. (That's my interpretation of it.) I've always been of the opinion that reducing the coin supply to 50 billion was already a mistake (albeit a rather small one.  Wink)


Great to see the update which fixes Pow. Is Cryptocoderz now working on the PoS "fix", which let people with low amount of espers stake more often?.

Yes, this seems to be the next item on the todo list, according to what Monoxide said in Discord.

I had no idea why the supply was so high. Just thought it was during the wave of ridiculously high coin supply coin launches. At least there was some logic behind it, though I think it needs to stay in a realm where the value can be measured in multiple sats.. otherwise, any coin doubles and halve in price every day, which is difficult to put a real price on... yes, I know there are other markets for better granularity (LTC, etc), but BTC rules the roost for now and the foreseeable future for giving a coin it's 'worth'.