I can't decide if this is the worst scam coin ever or if you're just
really bad at math.
COIN STATS
Orbitcoin [ORB]:
Max coin cap = 31,000,000 mined over the next 500 years,
1 million sit's in the foundation wallet from the start and can be seen here (odYLBLUg6xtR8jvKus3NyzhFERwKTtTCLi)
Before you call pre-mine you should note that this also adds to the security of the coin, meaning in the early stages nobody could mine/buy the amount of coins needed to even try and 51% attack this masterpiece.
Also the foundation has a goal of 5 million Orbitcoin to reach and will be actively BUYING from exchanges and miners in the early stages of Orbitcoin's life.
POW/POS Advanced Hybrid
0% POS reward, the proof of stake was only added for the extra security and nothing more,
We believe the rich getting richer isn't what crypto currency is about,
but coins that can't be 51% attacked is!... (The first implementation of 0% reward POS)
Block Reward = 0.25 per block, halves yearly till 0.00000001 is reached then continues to be mined till the max coin cap on 31million is made.
30 Second Block Targets
With a 30 second block target, there will be 2 × 60 × 24 × 365 = 1,051,200 blocks per year.
The reward per block will have dropped to 0.00000001 ORB after 24 years, so 1,051,200 × 0.25 × 2 = 525,600 ORB will be minted in the first 25 years.
Since you've already pre-mined
only 1,000,000 ORB, you have to wait until an additional 4,000,000 − 525,600 = 3,474,400 ORB have been minted to be able to reach your foundation's goal. At 0.00000001 ORB block reward, 1,051,200 × 0.00000001 = 0.010512 ORB will be minted each year, so this will take 3,474,400 ÷ 0.010512 = 330,517,504 = 330.5 million year if you buy all minted coins.
After 500 years, only 525,600 + (500 − 25) × 0.010512 = 525604.9932 ORB will have been mined. That means that 1,000,000 ÷ 1,525,604.9932 = 0.655477666 = 65.5 % of all ORB will come from the premine. It's also far off from the 30,000,000 ORB cap, which will be reached after (30,000,000 − 525,600) ÷ 0.010512 = 2,803,881,279 = 2.8 billion years...