Why is the max supply of BIS so big? 110M
Is the the difference between max and total burned coins or is BIS really going to have 110M supply?
110M is not "so big", there are many coins with billions in circulation, when you have a low supply the price will bounce very hard as price and also decentralization will be a weak point when you have a low supply coin. We think 110M is a sweet spot supply for any project out there.
The difference is the total coins that will ever exist including the dev rewards and the max supply are the coins that can ever be mined.
Anyway this will happen in a very long time as the block reward is decreasing linearly over time from 15 to 0 in 10M blocks which at the current rate of 1 block every minute is ~19 years.