Quote from: wudafuxup on February 20, 2018, 07:50:26 AM

Quote from: maxeprom on February 19, 2018, 03:47:06 AM

Quote from: habeas_corpus on February 18, 2018, 10:35:03 PM

Quote from: SoreGums on February 03, 2018, 05:30:29 AM

One Trillion Turtles: Coin Supply and Unit Economics @_turtlecoin https://medium.com/@turtlecoin/one-trillion-turtles-coin-supply-and-unit-economics-5bfbea0aa1f1

The highlight from that article, remove the decimal places from these coins and this is how many units there are of each coin.

Code:

TRTL: 100,000,000,000,000

BTC: 2,100,000,000,000,000

IOTA: 2,779,530,283,277,761

LTC: 8,400,000,000,000,000

ETH: 97,879,990,190,000,000,000,000,000

1 Trillion + 2 decimals is less than 21 Million + 8 decimals.
I can do 2 decimal math in my head, 8 decimals, not so much...

1 Trillion sounds big compared to 21million, as soon as you remove the decimal and focus on actual units, it turns out to be less.

That's easy for YOU to say... I mean... That requires actually using your brain and doing simple math.
The crypto world is inundated with low IQ miners and/or investors. Simple math simply does not compute.

I'm afraid numerical scales are not unversal.
For my understanding as I learned at school:
1,000,000 = 1 million
1,000,000,000,000 = 1 billion (or a million of millions)
1,000,000,000,000,000,000 = 1 trillion (or a million of -previous- billions)
... and so on.

so, I think we better state numbers instead of words :-)

Cheers,

1 trillion lmao. I see the logic behind the decimals but that's a backwards ass way of thinking lol. The coin has a trillion coins. Period. You can move the decimal around all you want, but that's doesn't change anything.

The logic behind the small "0.01" is the dumbest thing I've ever seen.

Yes, I understand the math is technically correct (and yea theoretically it has a smaller supply), but all of this is assuming the valuation of the coins would even reach such a low decimal value (which **spoilers** they never will). You never see people sending .00000001 bitcoin (heck the tx fee of bitcoin is ~135 satoshi/byte) or .00000002 ETH to each other so that makes your comparison worthless.

The .01 decimal nonsense is stupid since the coin is valued in terms of satoshis which is an even higher -E^N multiplier. When was the last time any of you used/sent BTC past a few decimal points without losing half of your sending amount lol. And that's bitcoin which has the highest USD value. It's even worse with other coins. Most people don't use anything past a couple decimal points which like a mentioned earlier. Makes the comparison useless.

Look at the valuation in dollar/BTC of those coins you listed and you will see how stupid of a comparison it is.

People will glace and see a trillion and not even bother with it. Not to mention the name is supper trolly which will turn off half the people.

I'm not sure it's that backwards, the number of atomic units is, ultimately ALL that counts in supply terms.

Also, i'm not sure you can compare to other coins, because of the obscene network fees you are right, you don't see people sending small amounts. But that is a structural fault in the coin network. If the value rises too much, then it fails to be useful for any kind of real currency ("Hey, how much for the coffee, 0.0001 BTC, but you have to pay a $7 charge"). This makes them useful for other things, but prohibitive for small, or by side effect, fast transfers.

But ultimately, unless I misunderstood your post, your statements about fractions of the more valuable coins pretty much validates the reason for a deliberately smaller value coin with less precision. And with the network fee being less than 1 satoshi currently, it is completely inconsequential how many or how much is sent.