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Showing 6 of 6 results by baskinsy
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Board Announcements (Altcoins)
Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined
by
baskinsy
on 06/09/2018, 19:17:47 UTC
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Topic
Board Announcements (Altcoins)
Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined
by
baskinsy
on 02/07/2018, 06:15:56 UTC
what will be max supply?

Technically there is no max supply. However, most of the coins will be mined by block 3,933,199 (~June 2022). By then, approximately 100 million coins will have been mined. There are also 17 million UIS that have been burnt and if it stays like that, there will be ~83 million UIS in circulation by then. For reference - the current block reward is 24.5 UIS, and it decays by a compounding 1% every 7 days until it reaches 2 UIS. Once it hits 2 UIS, it will stay like that forever. We do not want a max supply. We want Unitus to resemble the natural decline of a valuable resource. Think of precious metals like Gold, Silver, Palladium, Rhodium and Platinum. People have/will mine the crap out of them, but their resources will never be 100% depleted. There will always be an ore here and an ore there that contains a small amount.
   
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Topic
Board Announcements (Altcoins)
Re: [ANN]Unitus(UIS)🔒ULTRA SECURE🔒Multi-AUXPoW/PoS CPU/GPU/ASIC Mining✅Fair Distro
by
baskinsy
on 10/06/2018, 05:48:52 UTC
Max Supply?

I am also curious about supply of this coin ....

Will there be Masternodes in the future?



There is no max supply but there is a soft cap around 88 millions coins. Masternodes are out of the question because they centralize the network, we will have POS soon.
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Topic
Board Announcements (Altcoins)
Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined
by
baskinsy
on 24/05/2018, 16:57:23 UTC
What will be max number of coins in circulatoin?

Technically there is no max supply. However, most of the coins will be mined by block 3,933,199 (~June 2022). By then, approximately 100 million coins will have been mined. There are also 17 million UIS that have been burnt and if it stays like that, there will be ~83 million UIS in circulation by then. For reference - the current block reward is 24.5 UIS, and it decays by a compounding 1% every 7 days until it reaches 2 UIS. Once it hits 2 UIS, it will stay like that forever. We do not want a max supply. We want Unitus to resemble the natural decline of a valuable resource. Think of precious metals like Gold, Silver, Palladium, Rhodium and Platinum. People have/will mine the crap out of them, but their resources will never be 100% depleted. There will always be an ore here and an ore there that contains a small amount.
Post
Topic
Board Announcements (Altcoins)
Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined
by
baskinsy
on 20/05/2018, 11:52:03 UTC
would not an update be needed?

There are monthly official updates and active discord and telegram channels. Check better next time, please.
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Topic
Board Announcements (Altcoins)
Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined
by
baskinsy
on 16/12/2017, 09:46:45 UTC
Hi!

AMD FX-8350 Argon2d 0,98 Unitus 8(8 ) 4000 Stock 8 Linux baskin Dec/16/2017
My address: UfApR47Bp6FCzmUG8LHcbAEu2CHa2W3FCc