Author

Topic: 42Coin block subsidy does not decrease, how is it limited to 42 coins? (Read 1316 times)

newbie
Activity: 4
Merit: 0
The developer must think the following line of code in main.h will prevent more than 42 coins from being created:

Code:
static const int64 MAX_MONEY = 42 * COIN; // 42: maximum of 42 coins

Although a code update could fix this issue, I don't foresee that being needed.  This will die well before 42 coins are minted. 

This has got to be it, nice find. The developer has no idea what he's doing.

You act as if it is surprising that a scam is a scam.

Sheesh.

Of course I suspected it to be a scam, but not to this extent... I'm sorry I bored you by presenting hard evidence of that, but I'm sure others in the community will find the information useful.
legendary
Activity: 2940
Merit: 1090
You act as if it is surprising that a scam is a scam.

Sheesh.

-MarkM-
legendary
Activity: 980
Merit: 1000
Shitty development. Don't worry, the coin won't last that long anyway.

http://cryptolife.net/the-gimmicks-continue-say-hello-to-42/
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
I see a crash and burn coming!
member
Activity: 70
Merit: 10
newbie
Activity: 4
Merit: 0
Starting to think no one's actually looked in to this!
newbie
Activity: 4
Merit: 0
With all limited coins, nSubsidy has a way to trend towards zero after a while. Some coins do this by halving the block reward, others by using some type of step function that eventually gives out 0 coins.

Litecoin, for example, halves until the subsidy is 0:
https://github.com/litecoin-project/litecoin/blob/master-0.8/src/main.cpp#L1069

Mincoin just sets it to zero after a while:
https://github.com/SandyCohen/mincoin/blob/master/src/main.cpp#L837

Looking at the 42coin source code here... the is subsidy is always a positive number, forever.
https://github.com/fourtytwo42/42/blob/master/src/main.cpp#L835

So how are they claiming that it's limited to 42 total coins? Because it's definitely not, unless the thing explodes after the 1 millionth block.

What am I missing?
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