Post
Topic
Board Altcoin Discussion
Re: Who decides the total number of coins?
by
botany
on 07/08/2014, 18:16:41 UTC
So as everyone keeps coming up with these new coins and new algorithms, how do they decide how many total coins to offer? I know LTC is exactly 4X as many BTC. Can anyone shed any light on this, or is it completely random and up to each individual coin maker? What are the possible positive and negative impacts on a somewhat random, finiate amount of coins?

The number of coins and how each coin can be subdivided plays a role.
As long as the base unit is small enough, it doesn't matter.