Re: [ANN] BTCtalkcoin [TALK] - Pure POS - Multipool Ready! - AirDrop Has Arrived
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You see, the max supply coded is 63 561 840 coins (ref: main.h). So far, the network has produced 62 683 254 coins (getinfo). Leaving only 878586 coins to mint. When the max supply will be reached, in about a month --> no more rewards from minting = miners leaving = no (or very slow) network = no transactions possible = dead coin. Unless, the miners wants to mint for nothing, which is possible. Should be interesting...
ppl staking worldwide should provide enough hashpower for the network, i believe
Yes but after a month there will be no coins for staking, so unless people are going to stake for 0 reward the network would die. So to keep the network running even once the stake os paying 0 people will have to leave the wallets open staking for nothing. The coin has been widely distributed though so is possible enough users will do this and keep the coin alive.
This is a misunderstanding (on the part of the original dev).
The 63561840 is the maximum amount of the coins you can transfer.
The total money supply is unlimited. So with the code as it is
now, staking will go on forever.
Finally I see something positive about this coin after the crazy airdrop and the absence of dev
At least we don't have to worry about the total coin supply any more
I've been thinking about how to write a custom wallet that could enable tipping to other btctalk users, let me know if anyone has ideas...
This is a very nice idea and matches completely with the name of this coin. I do also wish we can have a custom wallet like that, hopefully can run on Android as well
