Once they reach the total supply they will completely switch to PoS, right? If yes then any idea how much longer the PoW will be active for?
Thanks.
No emission for staking and mining after years 19 and that means if the hardcap will have achieved by veil in the next 19 years from now. Remember after the hardcap has already achieved and no more emission will be produced and staking and mining will not get any reward from the block. I just got that from the veil.
I think the process to go to 19 is very long and when the conditions are still like this, the veil still has a very long chance to become a coin that can succeed in the future.
Over these years everything can change..
It seems to me that it is more important to start a working system now than to plan for such a long time. In any case, closer to this period it will be possible to conduct hard forks with a more relevant base.