Nutcoin is no premine. It was proved from 0 block start.
Nutcoin supply total 92 000 000 000 (92 billions of coins), but PoW total supply 15551996287 (15.5 billions of coins).
Where coins come from rest 76.5 billions ?
Nutcoin supply total 92 000 000 000 (92 billions of coins), but PoW total supply 15551996287 (15.5 billions of coins).
Where coins come from rest 76.5 billions ?
lol.. i never make the calculation before.
But, after i did, the coin supply only 15.552 billions in 17 years.
So the supply is far lower than it should be.
That is nothing but good news as far as I'm concerned...
15.5B is still a crap-ton of coins... even if it grew to the market cap of BTC currently... it would barely have broken the $1/nut level. It's fun to dream, but I seriously doubt we would ever be able to reach a market cap of even $1B unless there were some unexpectedly massive upsurge in active development. Just being pure PoW via scrypt is like bragging about 'quadraphonic sound' in an age of 11.2 channel receivers.