Quote from: kcanup on July 24, 2014, 11:47:08 PM

Quote from: btc_mylove on July 24, 2014, 11:37:01 PM

Quote from: Bojcha on July 24, 2014, 11:21:52 PM

Quote from: Hatch on July 24, 2014, 11:18:22 PM

Quote

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks Reward Coins
0 - 3600 6,755,570
3601 - 4320 500 235,000
4321 - 5040 2000 940,000
5041 - 5760 500 235,000
5761 - 6480 2500 1,175,000
6481 - 7200 500 235,000
7201 - 7920 3000 1,410,000
7921 - 8640 500 235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

It is. But dumpers on exchange does not think like that.

dev mine too much, need to find a way to solve it, tooo much mine by dev will hurt

I think they are going for investors bro.. Early ipo/ico investors who bought those coins, they were lucky, got many Shocked

.. We cant complain about that now when we missed that opportunity to invest.. so let the market decide by itself.. There is nothing hidden and fishy here. Everything is transparent so far

yes, i hope investors and buys do not mind about it, cuz most good coins have no premine and ico

btc_mylove

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