Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | DarkSend (exciting new feature) | KGW | No Premine
by
eduffield
on 26/02/2014, 00:56:07 UTC
Eduffield, Any chance we can get this diff/reward stuff explained?  

With all the forks it is hard to tell if the halving is being used and when it begins.  Best thing to stop the potential spread of FUD is an official statement and explanation.

It's really pretty simple, we're capped at 25DRK per 2.5 minutes, that's 210240*25 per year, so broken down yearly:

Year 1: 5,256,000
Year 2: 2,628,000
Year 3: 1,314,000
etc

So in ten years we'll have maybe 10 million coins in existence. It's a very scarce resource and is designed to gain/keep it's value.