You "insist"? OH NOES someone is insisting. How about you do your own research? Still if it will shut you up. Sorry, that was unnecessary, still when in doubt check the source.
The spoon fed version: The subsidy timeline is not the same. Coinchoose is wrong. It began @ 48 coins per block and was cut in half every 218,750 blocks.
Quote
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 48 * COIN;
// Subsidy is cut in half every 2 years
nSubsidy >>= (nHeight / 218750);
return nSubsidy + nFees;
}
https://github.com/doublec/i0coin/blob/master/src/main.cpp#L664{
int64 nSubsidy = 48 * COIN;
// Subsidy is cut in half every 2 years
nSubsidy >>= (nHeight / 218750);
return nSubsidy + nFees;
}
The spoon fed version: The subsidy timeline is not the same. Coinchoose is wrong. It began @ 48 coins per block and was cut in half every 218,750 blocks.
Let me understand this better:
I0coin
Initial reward: 48 block (cut in half every 218,750 blocks)
Now it is at block 958,220= 218,750+218,750+218,750+218,750+83,220
It means:
- First stage: 48*218,750= 10.500.000
- Second stage: 24*218,750= 5.250.000
- Third stage: 12*218,750= 2.625.000
- Fourth stage: 6*218,750= 1.312.500
- Fifth stage: 3*83,220= 249.660
Total I0coin already mined: 10.500.000+5.250.000+2.625.000+1.312.500+249.660=
Total I0coin already mined: 19.937.160
It means that the 94,94% of I0coin has been already mined.
Now I get why nobody was giving me the answer.
But that's a good thing, it means ioCoin is almost done mining so then why isn't it higher than ixCoin?
Well, I guess right now it is. For a day, maybe 2. This fake selloff won't last, it will bounce back fast.
