Post
Topic
Board Altcoin Discussion
Re: Who decides the total number of coins?
by
Brewins
on 08/08/2014, 21:31:21 UTC
was arbitratry for bitcoin also? i remember 21M come up from a math equation or some other calculation


50 BTC every 10 minutes, halved every 4 years --> 21 million BTC total

Other coins use different numbers and different distribution plans. Many coins are not capped.

so satoshi started from the block reward, to build bitcoin

Not really. You can also start from the total number and then work backwards.  Smiley

What do you mean? Start with 21M coins premined, then "desmine" the coins along the way?


And topic:

It deppends about what demands the dev wants to serve. It depends about the confirmation time(longer or shorter), the expected market cap, when the mine phase will end, etc..