Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SCRYPT] Klondike Coin, Join the Goldrush! ★Kimotos Gravity★ [Coinedup!]
by
digitsmith
on 10/02/2014, 05:37:02 UTC

If i'm not mistaken then ONLY 110880 coins are being mine every day, that is at current level ONLY 7.76BTC!!! This is NOT a lot when you compare it to other coins...


For those that think 110,880 coins per day is a lot.

     14,400 HBN
     28,800 LTC
     48,000 ICN
    110,880 KDC
    152,279 WDC
  1,440,000 USDe
 11,520,000 DGB
 14,400,000 EAC
720,000,000 DOGE

the number mined per day compared to the total coins.... its still a LOT!!!
0.00012% per day HBN
0.00034% per day LTC
0.00555% per day KDC
0.0009%  per day USDe
0.00054% per day DGB
0.00106% per day EAC


the actual numbers
0.012% per day HBN
0.034% per day LTC
0.555% per day KDC
0.09%  per day USDe
0.054% per day DGB
0.106% per day EAC

so the issue is not coins per day per se but rather the relatively short period in which all KDC coins will be mined

3 years for KDC vs all 21 million bitcoins estimated to be created by 2140

i understand the devs idea to "simulate" the 3 year Klondike Gold Rush but is this a good srategy for an "investment coin" or will this result in a quick buck / short term coin?

considering the embryo stage of the world of cryptocurrencies, playing around with different ideas and concepts is probably one of the main advantages of the plethora of altcoins being released

as a minimum KDC will be a good experiment and i'm looking forward to see how this strategy plays out