Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs
by
Romir
on 05/02/2014, 23:17:04 UTC
the thing is, there is supposed to be 84 million coins and there is only 1.5 million so far

this coin will be heavy to maintain
It is no heavier than Litecoin is today. We get 28800 new coins a day at $5 per coin, yielding $144k daily coin maintenance cost. This is currently 1/5 the maintenance rate of Litecoin.  VTC is the heir apparent, so attracting new funds away from other coins e.g. DOGE (lol) should not be an issue.
 
 

Errm, 1/5 the maintenance of Litecoin with less than 1/50th the market cap?