Have I been doing my math right here?
30sec blocktime.... 124coins a block....
248coins a minute x 60 = 14,880 bits per hour
14,880 x 24 = 357,120 bits per day
357,120x 7 = 2,499,840 bits a week
2,499,840 x 6 (POW period) = 14,999,040 bits at the end of POW period...
Is this right?
Sounds correct to me.
so this is the total amount of coins inclusive staking?
Total amount of coins 54256119 (54.25 million)
the thing is....
Premine 3%...
total POW coins 14,999,040 :100 = 149990,4.... 149990,4 X 3 = 449971,2
★ Bounties (we're working on a full list, but to start with we'll offer ):
- 2000 coins for the first 4 pools
- 500 coins for announce translations
- 5000 coins for the first 2 indi exchanges (ie not yet mainstream, please check with us first for verification)
- 10,000 first mainstream exchange
- 2000 coins for IRC stats bot
totalled at 30000 bits without the coins for announce translations
449971,2 - 30000 (Bounties)= 419971.2
419971.2 - 400K (Donation) =
19971.2So lets say through this calculation the Dev only has 15K left in the end... Really nice
Can you pls confirm this dev? Am I right on this one?
EDIT: sorry... looks messed up a bit... but I'm a numbers guy you know
