Re: [ANN] [SFR] SaffronCoin | SFRDirect | Orion: Decentralized Cross-Crypto Mail

The new wallet is nice. Re-size is perfect. It appears that the (marketcap x totalcoins != valuation). Valuation does not seem correct.

The market cap is not taken for total valuation. The BTC price is taken from Bitstamp and the SFR price from Bittrex. The exchange rates for USD, EUR, INR, CNY are taken from coindesk.
Numerically calculating all that gives the total value in BTC and fiat as displayed in the wallet.

I have to ask then what is the point of the marketcap? And, if it is valid wouldn't it be easier to calculate based on it? The difference is significant.

I guess you are confused with the valuation. The amount in BTC and fiat is equivalent of your personal SFR held in your wallet. The values are correct.
You may be using the marketcap from coinmarketcap as a reference. Coinmarketcap haven't updated to our latest hardfork. The minted coins displayed are stuck. So the Marketcap is not exactly correct. The marketcap displayed in the wallet fetches the API of coinmarketcap. So even that is not exactly correct. We have asked them update. Just have to wait.