Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
lonely@thetop
on 28/03/2014, 16:52:41 UTC
I have some basic questions, I have tried to figure out by myself but somehow I am unable to find the answer. I hope you guys are willing to help me out. first of all, how many BC are there going to be in existence? And does BC has a anti-asic feature? Thanks.

Cheers

There are currently 74.4 million coins in existence, BC is now a pure POS coin - no more mining, no more new coins except for the 1% yearly interest, so basically majority the coins that will ever be are already in circulation - miners can't mine this to dump for profit.

As it is non-mineable directly (there is a multipool that mines other coins, sells them for BTC and buys BC with it to pay out miners) it doesn't need any anti-asic features, ASICs are BC friends actually because once pointed to the multipool they will help transfer wealth from other altcoins to BC economy faster.