Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][STL] Stellite - private, untraceable, and truly decentralized
by
ExabyteMiner
on 28/01/2018, 09:18:29 UTC
Quote from: Bowtiesarecool on January 27, 2018, 08:42:23 AM
Quote from: rumpel_tusk on January 26, 2018, 04:22:10 PM
Quote from: Bowtiesarecool on January 26, 2018, 04:20:22 PM
Will there be a coin burn sometime in the future because 21b is quite a lot in my book

The total supply doesn't matter if you're worried about making money on this coin. What matters is the market cap. Also, their goal is to have their coins in the hands of as many people as possible so 21 billion is a reasonable amount so that they don't become so rare that people cannot get their hands on them.
We'll see about that. 21 billion for a POW crypto is a lot. But at least it's less than Bytecoin. That's a win in my other book Grin

21 billion really isn't as much as it seems when you consider most other cryptos are spendable up to 8 decimals deep, whereas this coin is only spendable up to two decimals deep.