Wow! duck...err...darknote is almost 75% mined out
73.46% to be precise.
I was thinking about buying back in, as I sold all the ducks I had back at like 6 satoshi cause I thought it was a joke. I like some of the new features implemented (but not the new name, but I wasn't gonna let that stop me) but I heard duck/darknote had extremely fast emission. Extremely fast may be an understatement.
That just seems crazy that way more than half of all coins are mined out in several months when duck/darknote had fairly low hashrate in comparison to other cryptonotes, especially considering the two other prominent ones have much longer emission schedule. I wouldn't be surprised if joewills or dNote or some other early miner is sitting on 1B+ duck/darknotes.
I'm not trying to troll, I just find it weird, and I would like to know the rationale. I read the Smart Economy section on darknote.cc:
DarkNote is a cryptocurrency made for real markets and merchants. Supply curve is unique and meets miners, users and investors needs. 80% of ever generated XDN will be available after first year of mining.
but I don't feel like that really explains it.
How does extremely fast emission during a period of relatively low hashrate make it a better currency for markets and merchants?
Hey,guy.
Hmm.I bought some XDN @13-17satoshi in June 22.
The price go down again and agian and only 3-7 satoshi before Agust 12.
Everyone think XDN is shit.Nobody care the ugly duckling
So My friends and I sold the most XDN about 500M when it at 3-6 satoshi.
I trace the rainbow in the rain.An ugly duckling into a swan.
With the announce the new GUI wallet,the really GUI wallet of CN-coin,the price go up.
We are surprised by Dev's hard working.So I buy some XDN back.
Although the volume of XDN which I own is less less than before,I am pleasure with the future of XDN.
Everybody,Buy some XDN and it is not later.
I believe the price will x10 in the next month.