Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed
For some people who can't read.
Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)
we are producing 3.6M a day per 420(14 months) = 1.5B coin, the mining will end in 660 days, basically there is no halving lmao
Thats not how the client does it.
Quote
@Override
public long getBlockReward() {
if(this.height == 0 || this.height >= 1944000) {
return 0;
}
int month = this.height / 10800;
long reward = BigInteger.valueOf(10000)
.multiply(BigInteger.valueOf(95).pow(month))
.divide(BigInteger.valueOf(100).pow(month)).longValue() * Constants.ONE_NXT;
return reward;
}
public long getBlockReward() {
if(this.height == 0 || this.height >= 1944000) {
return 0;
}
int month = this.height / 10800;
long reward = BigInteger.valueOf(10000)
.multiply(BigInteger.valueOf(95).pow(month))
.divide(BigInteger.valueOf(100).pow(month)).longValue() * Constants.ONE_NXT;
return reward;
}
From block 1944000 on we get no more reward, before that its 10000 * (floor(height / 10800)) ^ 0.95
mh, ok i didn't check that, 5% a month is still too low, is asking for dumping
2 billion isn't that bad, it helps with distribution and adoption a bit.
Honestly, if people are complaining about this, then make your own PoC coin out of the source code. Live with it or do something about it.
clone of this will pop up soon, maybe written in c++, with a standard gui and everything
Good, then people will stop complaining and go chase the greed train to hell.... The intent of this coin originally was to introduce a new mining technology, not satisfy peoples lustful greed....
but it seems to be "return to normal". How you think ?
