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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ISR] Isracoin - The Israeli cryptocurrency - on: August 01, 2014, 03:44:09 PM
Hi all

Keep up the good work.

I am a huge CryptoCurrency enthusiast and since I am an Israeli naturally I have been following this coin. I every now and again look in on the forums to see whats happening but mostly I follow http://coinmarketcap.com which I amuse most  CryptoCurrency enthusiast see as a important source of data   

I had some free time this morning so i was playing around with something that has been bothering me , Isracoin Market Cap as displayed on there site   

The number of "Available Supply"  at time of this post is in their web site is 11,191,412. When you click on it you are taken to the Isracoin blockchain.  how to they achieve that number. According to the Isracoin  blockchain we are at block 132028 so  here are my calculations


6000 premined blocks  * 80000 ISR reward = 480000000 ISR
(132028 current block - 6000 premined blocks) * 50I SR reward  = 6301400 ISR
   
So I get a total number of 486301400 ISR in existence. If they are not counting the premiere then there are only 6301400 ISR + anything given out from the premine. Do thy follow the premine addresses to monitor that     

Was interested if anyone here can offer some some insight. I may be wrong so if yes please correct me if yes

thanks
Jonx   
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