Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [DRX] DARKFOX | POS | FoxBet© | FoxEX©
by
Kimonio
on 14/08/2014, 23:56:40 UTC

UPDATE

Guys we have made a noob misstake, there will only be 759000 pow coins, and half the premine will be destroyed

Thats why blockreward was 195 on op and 95 on source in the begining.

did you mean to say 7,590,000 ?

759.000

The numbers don't add up or this blockexplorer is giving wrong outstanding http://62.113.238.105/chain/darkfox ?

The number don't add up

premine 75.000
7200*95=  684.000

total 759.000 coin

currently 575.000

Specs should be correct, not to be guessed. So please explain dev.

how could that be  Huh Huh

PoS blocks started staking 12 hours after mining began. So total number of coins is the aggregate of both PoS + PoW blocks.

7200 blocks = PoS + PoW blocks =< 759.000

For example, block 7003 generated 0.7742255 coins due to staking.
Newly Generated Coins: 0.7742255 DRX + -0.7742255 DRX total fees

Whereas block 7002, generated the expected 95 coins due to mining.
Newly Generated Coins: 95 DRX + 0.0002 DRX total fees

Hence, the total supply of initial coins is less than the amount in the ANN < 759.000.

In this case total coin supply is around 540.000 = 575.000 generated during PoW + PoS phase - 35.000 premine which was destroyed by the dev.

Hope this clears things up.