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Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 277. (Read 785514 times)

legendary
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
I altered equations to be +1 rather than +3 to reduce inflation.
100M is a number that will never be reached for a long long long time  Smiley

Thank You,
Viz.
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
Here is a list of the total supply at given dates in time:

9/23/2015: 26,042,198 CSD
9/23/2016: 42,055,131 CSD
9/23/2017: 52,206,118 CSD
9/23/2024: 74,785,385 CSD


Thank You,
Viz.
many people read only OP , and they see 100 mil coins, Videlicet please  put this info in OP, this is good explanation of coin supply

Good idea, I will insert it, also please note: we are getting the OP designed, :-),  Viz is currently working on the white paper He is almost done...but it is more like a book then a paper  Grin
sr. member
Activity: 466
Merit: 250
Here is a list of the total supply at given dates in time:

9/23/2015: 26,042,198 CSD
9/23/2016: 42,055,131 CSD
9/23/2017: 52,206,118 CSD
9/23/2024: 74,785,385 CSD


Thank You,
Viz.
many people read only OP , and they see 100 mil coins, Videlicet please  put this info in OP, this is good explanation of coin supply
sr. member
Activity: 308
Merit: 250
In 10 years, 100 mil. right ?
What I don't get is the 74 mil by 2024. Is the 74 because of the inflation ?
Please explain where the inflation comes from !?
newbie
Activity: 16
Merit: 0
Here is a list of the total supply at given dates in time:

9/23/2015: 26,042,198 CSD
9/23/2016: 42,055,131 CSD
9/23/2017: 52,206,118 CSD
9/23/2024: 74,785,385 CSD


Thank You,
Viz.
Thanks for info about projected supply.
newbie
Activity: 16
Merit: 0
Coin supply will only reach 100% once POS activates, this will allow us to monitor the inflation rate in real time to ensure it remains at 2% annually. This means the supply will be at 102% by September 23rd, 2015. The miners do not have the power to increase supply past 100%, due to the reserve system. This number is gathered as a comparison of the compounded reward calculated from the decay equations, and the actual money supply released into the block chain. It is to show the accuracy of the time released supply, so we can monitor the global inflation.

Here is an older graph to show the supply curves over a 10 year span. These graphs are mathematically impossible to alter by block production rate in miners, ect. This is part of the function of the Reserve System.


Currently finishing Coin Shield White Paper,
Viz.
buying and waiting the WP.
legendary
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
Here is a list of the total supply at given dates in time:

9/23/2015: 26,042,198 CSD
9/23/2016: 42,055,131 CSD
9/23/2017: 52,206,118 CSD
9/23/2024: 74,785,385 CSD


Thank You,
Viz.
sr. member
Activity: 466
Merit: 250
in next 2 - 3 years, what we can expect ? maximum of  15 - 18 mil coins ?
newbie
Activity: 12
Merit: 0
Coin supply will only reach 100% once POS activates, this will allow us to monitor the inflation rate in real time to ensure it remains at 2% annually. This means the supply will be at 102% by September 23rd, 2015. The miners do not have the power to increase supply past 100%, due to the reserve system. This number is gathered as a comparison of the compounded reward calculated from the decay equations, and the actual money supply released into the block chain. It is to show the accuracy of the time released supply, so we can monitor the global inflation.

Here is an older graph to show the supply curves over a 10 year span. These graphs are mathematically impossible to alter by block production rate in miners, ect. This is part of the function of the Reserve System.


Currently finishing Coin Shield White Paper,
Viz.

can't wait viz!
legendary
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
Coin supply will only reach 100% once POS activates, this will allow us to monitor the inflation rate in real time to ensure it remains at 2% annually. This means the supply will be at 102% by September 23rd, 2015. The miners do not have the power to increase supply past 100%, due to the reserve system. This number is gathered as a comparison of the compounded reward calculated from the decay equations, and the actual money supply released into the block chain. It is to show the accuracy of the time released supply, so we can monitor the global inflation.

Here is an older graph to show the supply curves over a 10 year span. These graphs are mathematically impossible to alter by block production rate in miners, ect. This is part of the function of the Reserve System.


Currently finishing Coin Shield White Paper,
Viz.
legendary
Activity: 1512
Merit: 1000
quarkchain.io
Just do some buings too Smiley
member
Activity: 91
Merit: 10
time to buy more cheap CSD num num num num!!!
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
wallet info :
total supply to Date:    11158294 CSD [99.8444 %]
what happen when reach 100% ?
what we can expect about emission in next 6 months ? is it possible make some graph. of coin emission ?

On the first page in this thread it says "Maximum Supply: ~ 100 Million [3% Annual Inflation after 10 Years]"
So we're only at 11 mil. right ?
Or did I miss something ?!

Here's a quote from Viz:

This is an exact figure. It is broken down to ~25 CSD per minute per channel decaying at a rate of (50 * e ^ (-0.0000011  * nMinutes) + 1.0) / 2. This is why you notice there are some rewards that are small fractions, and others that are full subsidy's. This keeps the supply released on a time based curve, with no inflation, and no unpredictability in total supply.

The 100 million won't be fully released for 10 years.

Viz.
After 10 years the 3% inflation will keep the blockchain moving, and miners mining.
hero member
Activity: 820
Merit: 1000
wallet info :
total supply to Date:    11158294 CSD [99.8444 %]
what happen when reach 100% ?
what we can expect about emission in next 6 months ? is it possible make some graph. of coin emission ?

On the first page in this thread it says "Maximum Supply: ~ 100 Million [3% Annual Inflation after 10 Years]"
So we're only at 11 mil. right ?
Or did I miss something ?!

Correct, it will take many years to reach maximum supply of course.  CSD is unique in that it generates a fairly constant supply of coins per day, regardless of mining power and difficulty.  It does this by varying the reward per block based on the time since the last block (I'm over simplifying the algorithm but essentially that's it).  This is about as fair a distribution method as I have seen in any coin.  It also means you can calculate how many are released per day, per channel.  I don't know the exact figures - I'm sure someone else will confirm - but I believe that it is a little over 30k coins per channel (CPU and GPU) per day.
sr. member
Activity: 308
Merit: 250
wallet info :
total supply to Date:    11158294 CSD [99.8444 %]
what happen when reach 100% ?
what we can expect about emission in next 6 months ? is it possible make some graph. of coin emission ?

On the first page in this thread it says "Maximum Supply: ~ 100 Million [3% Annual Inflation after 10 Years]"
So we're only at 11 mil. right ?
Or did I miss something ?!
sr. member
Activity: 466
Merit: 250
 wallet info :
total supply to Date:    11158294 CSD [99.8444 %]
what happen when reach 100% ?
what we can expect about emission in next 6 months ? is it possible make some graph. of coin emission ?
member
Activity: 86
Merit: 10
dumpers suck

haha don't worry.. they will regret..like last time .. Cheesy

Be grateful for the cheap coins.
full member
Activity: 184
Merit: 100
sr. member
Activity: 338
Merit: 250
what's the current coin supply?  Huh
legendary
Activity: 1029
Merit: 1000
dumpers suck

haha don't worry.. they will regret..like last time .. Cheesy
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