I just realized that I don't think there will actually be 100 million total coins by block 10000. At block 10000 POW will no longer give rewards.
We are at 7418 right now, but a lot of those blocks are from POS which did not generate a 10000 BC reward. As evidenced by the fact that the
the moneysupply is 61,660,685 instead of 74,180,000. This coin will be a little rarer than expected.
We are at 7418 right now, but a lot of those blocks are from POS which did not generate a 10000 BC reward. As evidenced by the fact that the
the moneysupply is 61,660,685 instead of 74,180,000. This coin will be a little rarer than expected.
I was looking at that too... I believe that any coins that are currently being held in stake are effectively taken out of the money supply until they remature and that the money supply shown will fluctuate as various chunks of coins stake and mature. PoW is still generating 10,000 BC per block x 10,000 blocks for 100,000,000 coins. There is no way around that math.
Are you really sure? Looking at http://blocks.blackcoin.pw/chain/BlackCoin I see alot of blocks at less than 10000 value out. For example block 7580 and 7581.
Exactly ... see my post right above yours.
Yeah! So wait, that means at block 5000 we kind off went through a decrease in mining? Since many of the blocks are generated by pos and it's still 1 minute block time.
Edit: mind blown, nobody noticed it, but I think block reward almost halved at block 5000, since half of blocks are generated by pos.
Edit 2: looking at block explorer I see that blocks are generated twice as fast after block 5000, since pos and pow have different difficulties and each one have 60 second block time. But does that mean pow will alone generate 10000 blocks or will it stop when both reaches 10000 blocks altogether? If pow will generate 10000 blocks alone, then we'll be at block 15000 or so before pow stops.
