Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MonetaryUnit [MUE] - X11. MasterNodes. Funding. Governance. Services. Devs
by
110110101
on 28/11/2017, 12:18:51 UTC
you  can
What's up with the 4 billion max supply and only 100millionish in circulation?

With every new block on the blockchain there come 40 new MUE coins .  so in time the amount of MUE will grow untill it reaches 4 billion. at this moment there are 120 million ( check the block explorer for an exact number )

But at the time  4 billion is reached , i will probably be dead.

Just to clarify, the blocks are currently 36 MUE per block, however the remaining 4 MUE/block may be paid out for the treasury for proposal funding. As the budgeting is not yet active, the extraction is only 36 MUE/block and no superblocks for now. We hope to get the funding active soon so the average extraction will be closer to 40 MUE per block on a monthly basis: that is 36 MUE/ block with a superblock of about 246 000 MUE per month.