Re: [ANN] Payzor Coin PZR - Crypto with ATMs, SCRYPT PoW+PoS, RARE, JUST LAUNCHED!
Here is all OK (?) :
Ticker: PZR
Algorithm : scrypt
Premine : 3% (to cover costs of development and bounties)
Block time : 80 seconds
PoS: 8% per year
Block reward: 50
PoW Time: 10 days
Max coins: 1,5 million
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10 days => 10 x 24 hours x 60 min x 60 sec / 80 sec = 10800 Blocks x 50 PZR = 540.000 PZR
1.500.000 - 540.000 = 960.000 PZR <= it's all from PoS (?), over 20 Years or so ?
Your math is correct. Ticker: PZR
Algorithm : scrypt
Premine : 3% (to cover costs of development and bounties)
Block time : 80 seconds
PoS: 8% per year
Block reward: 50
PoW Time: 10 days
Max coins: 1,5 million
--------------------------------------------------------------------------------------------------------------------
10 days => 10 x 24 hours x 60 min x 60 sec / 80 sec = 10800 Blocks x 50 PZR = 540.000 PZR
1.500.000 - 540.000 = 960.000 PZR <= it's all from PoS (?), over 20 Years or so ?
Would like to know, if it's true, that there are just 540.000 coins, or was the PoW time wrongly calculated?
In case there are 540k coins, selling at 30k is just plain stupid.
Thats right - but i also did big bounties so there is a bit more coins - 3% premine is 45k so add that to this due PoW.
Its actually people who did bounties selling such cheap - i gave them a way to really make profit - they prefer to dump. Almost everybody got 150+ coins up to even 1k.
Oh well
so at end of powfase you have a bit less than 10% of all coins at the moment, seems pretty much.