What is total coin supply after mining is complete?
60 000 000 coins - 23474339.7208 destroyed coins = 36 525 660,2792 coins in circulation + POS
That's right (except comma is mis-leading
)
There
will be approximately 36,525,660 coins (36.5 million) + whatever comes from the small 2% POS.
But there
are only approximately 6,531,469 coins (6.5 million) in existence now.
You can work this out by looking at the block explorer rich list total for all addresses and subtracting the destroyed coins held in the No.1 spot.
30,005,808 - 23,474,339 = 6,531,469 : but it's constantly changing obviously.And it
will take approximately 4.76 years to create the remaining coins!
You can work that out by taking the total POW coins (30 million) and dividing by the reward per block (8 coins) which is 3,750,000 blocks.
Each block is around 40 seconds, so it will take 3,750,000 * 40 = 150,000,000 seconds to generate the coins which is 150,000,000 (60 * 60 * 24 * 365) = 4.76 years.Given that:
1. Right now there are a very low number of coins around.
2. It will take a long time to generate all the coins.
3. Even when all the coins are generated there will still be a relatively low number of coins.
4. Quality, experienced dev.
5. Very smooth and fair launch.
I think this coin is early days and has very far to go yet.(someone check my maths)