Re: [ANN][GLYPH] GlyphCoin - X11 - POW/POS | 0% premine | Illuminated | CRYPTSY!
Update!!
The community has unanimously voted to cut the coin count.
Instead of having a total # of coins of 7 million in POW, we will now have 2 million.
POW mining will end at block 38,000 - 10,000 blocks from now.
We're at block 28,00 as I write this, with approx 1.5m coins outstanding.
We will remove the last mining period, which was from block 48,001 to 176,000.
POW Ending at block 38,000, with approx 2 million coins generated in POW.
This is approx 10 more days of mining, which I think is fair and enough time to alert miners and pool owners.
We won't release the wallet update until we hear the communities' reaction to this.
Please comment!
That answers my question, regarding the missing coins according to blockchain.
This will make the coin a lot rarer and also a lot more valuable. It's price obviously hasn't adjusted yet, people gonna stock up soon.