- 5 minute block target
- 6 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward controlled by moores law ( 1111 / (diff+1 ^ 2))
- 11 chained hashing algorithms
- Premine: 0%
- 6 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward controlled by moores law ( 1111 / (diff+1 ^ 2))
- 11 chained hashing algorithms
- Premine: 0%
Since the reward is variable and depends on the difficulty, is there a maximum amount of coins to be mined? A maximum amount of blocks?
Yes, the max coin amount is 84,000,000
Guys , Im reading a hell of a lot about Drk , but almost impossible to read all , one thing strange to me , Eddufield is talking about 84000000 total coins on page nr 2 of bct , but total is 21000000 correct ? , or was the 84 Mln for Xcoin ? , someone can help me out here ? ,
84M was the amount of coins before we decided to do a finite supply. We looked at various reward curves and let the community vote on the parameters. It ended up being a 7% decline each year, totaling in about 21M coins. Actually the first decline is coming up here in January.
Thanks eddufield for personal comment , actually honored.
