Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - Now on MintPal
Guys...
./microCoind getinfo
...
"moneysupply" : 5102804861.70803547,
...
2700 blocks a day at ~100,000 coins per block (currently) = 270 million new coins a day. Yes, we are small fish with our millions or tens of millions
BTW, this will go up to over 400 million per day before it finally starts riding down the other side and finally settles on 2.7 million new coins a day.
./microCoind getinfo
...
"moneysupply" : 5102804861.70803547,
...
2700 blocks a day at ~100,000 coins per block (currently) = 270 million new coins a day. Yes, we are small fish with our millions or tens of millions
BTW, this will go up to over 400 million per day before it finally starts riding down the other side and finally settles on 2.7 million new coins a day.
Maybe the community can urge the devs to cut the block rewards down to 100-500
I think the current block reward ramp up and ramp down schedule is what makes this coin interesting and fair.
The ramp up is still attracting new miners happy they haven't missed the boat but early miners are still happy because they got the low N and low diff. The ramp down occurs once the coin is already active (esp if exchange is open by then) so demand is there and that should have a positive effect on price.