Quote from: Stilo on May 24, 2018, 04:44:32 PM

What will be max number of coins in circulatoin?

Technically there is no max supply. However, most of the coins will be mined by block 3,933,199 (~June 2022). By then, approximately 100 million coins will have been mined. There are also 17 million UIS that have been burnt and if it stays like that, there will be ~83 million UIS in circulation by then. For reference - the current block reward is 24.5 UIS, and it decays by a compounding 1% every 7 days until it reaches 2 UIS. Once it hits 2 UIS, it will stay like that forever. We do not want a max supply. We want Unitus to resemble the natural decline of a valuable resource. Think of precious metals like Gold, Silver, Palladium, Rhodium and Platinum. People have/will mine the crap out of them, but their resources will never be 100% depleted. There will always be an ore here and an ore there that contains a small amount.