Quote from: keccak512 on May 26, 2014, 01:39:25 PM

Quote from: cayars on May 25, 2014, 06:54:45 PM

Yes but that is what is being questioned as it doesn't add up. It appears you just confirmed that page is wrong and both the mint and limit phase will go on longer then this page says.

If we get this correct:
Website says 45 Million coins in mint phase but code is 53 Million coins which means we have more inflation and the mint phase will go on even longer with high votes. Unless this 53M is the combination of 5M IPO, 3M Premine plus 45M mint phase which would add up to 53M.

you are confused. there are only 3 phases of voting. the genesis block is part of the first phase, but not mined. the 53M includes the IPO. website correctly shows that only 45M are mined in mint phase.

Quote from: cayars on May 25, 2014, 06:54:45 PM

Website says both 45 days for limit phase and also says 63,476 blocks which would be 88.1 days. Code says 88.1 days so again we have a longer limit phase with high votes.

no. the website says 56 days for limit phase, not 45 days.
website has a typo... says 56 days, but should say 88.1. we will update this!

no matter... the max supply introduced is calculated based on # of blocks, which is correct on website.

max supply introduced during limit phase is 64,999,424, as presented on website.

the duration of the limit phase does not depend on the amount voted. the duration is approximately 63,476x120sec ~ 88.1 days. limit phase is in blocks, not money supply.

the max vote for the last 3600 blocks of the limit phase is 8. during this time the reward could be 1024 or 0 and 42... no matter, the time per block will be 120sec.

Yea that was a typo on my part. I did correctly say 56 days in a few other posts.
Kind of had the feeling the 53M included the IPO and Premine so this is good news.

Agreed the limit phase is not based on money supply but:
The difference between the 88.1 days and 56 days is 23,156 blocks
56 days would have been 40320 blocks. 63,476-40,320 = 23,156 extra blocks at approximately 687 coins per block.

That's still an extra 15,908,172 coins no one anticipated.

16 million additional coins that no one thought existed does sort of devalue what people are already holding. Not the end of the world however.

Great news is that everything is working correctly and no code changes are needed. It's just a shame this was mis-communicated on the website and threads previously.

Anyway, thank you very much for the clarification!

Much appreciated,
Carlo