Post
Topic
Board Announcements (Altcoins)
Re: Idena is the first Proof-of-Person Blockchain
by
poptok1
on 21/01/2020, 16:27:09 UTC
I was referred here by a friend and now waiting for the next validation so I can try how this things works, I'd like to know the supply of this coin, because there was no mention of the supply of the coin, I believe this coin will be huge because this is very easy to mine and to run even newbies in the mining can understand this.
Sure that is mentioned at idena main page, under FAQ, economy section.
51,840 DNA to answer you question quickly, that is cap per 24 hours, total supply is unfortunately unlimited, cause idena is based on inflationary model with few quirks to slow the process of devaluation down. That would be burning coins that are a cost of translations, burning coins that were failed to stake, burning coins that are set as penality and also freezing 1% of coins as a countermeasure to inflation. Not bad i think but there is still few important features missing.