https://www.facebook.com/groups/cryptocurrencycollectorsclub/permalink/1089068864532611/We are having a discussion on putting a cap on the total supply of Expanse just as Dash and other projects have done, for those that don’t mind using Facebook go here, or feel free to comment in this thread. (Code change is trivial and we are going to put it on Testnet, only takes a soft fork) This would change nothing for 80 years, just in 80 years no more new Expanse would be generated with Block rewards so people can no longer say "Expanse tokens are infinite!" They never were unless Expanse lasts for infinity, but by this simple change it would make Expanse more limited in the long run like Bitcoin and Dash.
At block 42,000,000 the EXP block reward will go to 0.
That's about 80 years from now
About 350m EXP total.
It is crucial for EXP to have a small supply right now. Expanse isn't some high traffic coin where people will use it as a currency a billion times a day.
If the market becomes too diluted with Expanse tokens, the supply side will outweigh the demand side, bringing the value of EXP down.
The smaller supply also brings in speculators trying to buy more as Expanse becomes more valuable due to its scarcity.
A lot of attention came to Expanse when it had the super pump on Poloniex when the supply was crazy small. Despite what people say about pump and dumps, money talks and providing benefits or positive outlooks will drive the price of Expanse up. Even more if the supply is small.
Expanse is currently on Poloniex, which is a huge feat, but trading volume has to keep up with big price swings or it will get chopped, despite the development and usefulness of Expanse. Exchanges make money from buys and sells happening.
I recommend keeping the supply lower to 100,000,000. As EXP can be broken down, there is no need to have a large supply.
Sure, some will get lost, but as mentioned above, I can't see EXP having a billion transactions a day.
