What a hell?
Total coins : 697 500 000
and now avaliable
Money Supply (LMN)
40 350 000.00000000
I don't underastand too.Total coins : 697 500 000
and now avaliable
Money Supply (LMN)
40 350 000.00000000
We have 25k coins/block, 120sec block.
So, there are 750k coins/hour and 18 million coins/day.
It will be 38 days to max amount
The Lemanum block mining reward halves after 10,000 blocks
Dev had ~1% premine. Current reward 25000. Current Block 1698.... 25000 * 1698 = 42,450,000
PoW ends very quickly I guess?
PoW ends very quickly I guess?
Block reward halving quickly
if(pindexBest->nHeight <= 10000) {
nSubsidy = 25000 * COIN;
} else if(pindexBest->nHeight <= 20000) {
nSubsidy = 12500 * COIN;
} else if(pindexBest->nHeight <= 40000) {
nSubsidy = 6250 * COIN;
} else if(pindexBest->nHeight <= 60000) { //start POS
nSubsidy = 3125 * COIN;
} else if(pindexBest->nHeight <= 100000) {
nSubsidy = 1500 * COIN;
} else if(pindexBest->nHeight <= 200000) {
nSubsidy = 750 * COIN; //697 500 000
} else {
nSubsidy = 1 * COIN;
}
So based on this:
Day 0 - 13.89, reward is 25k for a total of 250 000 000 coins (35%)
Day 13.89 - 27.78, reward is 12.50k for a total supply of 375 000 000 coins (53%)
Day 27.78 - 55.56, reward is 6.250k for a total supply of 500 000 000 coins (71%)
Day 55.56 - 83.34, reward is 3.125k for a total supply of 562 500 000 coins (80%)
Day 83.34 - 138.9, reward is 1.500k for a total supply of 622 500 000 coins (89%)
Day 138.9 - 277.8, reward is 0.750k for a total supply of 697 500 000 coins (100%)
So as you can see, the maximum supply shouldn't be reached until sometime in September-October 2018