Hey there,
I just saw this thread and I have to admit, DNotes 2.0 looks very interesting! However, from the post there are a few tings that aren't quite clear to me.
1. Which consensus mechanism this coin uses. Is it Proof-of-Work mining or something else?
2. How many coins are in circulation?
3. What is the inflation rate per year?
Looking forward for some answers
-nytro
I just saw this thread and I have to admit, DNotes 2.0 looks very interesting! However, from the post there are a few tings that aren't quite clear to me.
1. Which consensus mechanism this coin uses. Is it Proof-of-Work mining or something else?
2. How many coins are in circulation?
3. What is the inflation rate per year?
Looking forward for some answers
-nytro
Welcome Nytrobound,
1. Which consensus mechanism this coin uses. Is it Proof-of-Work mining or something else?
We are currently using Proof-of-Work, however DNotes 2.0 will be released using the Proof-of-Stake model.
2. How many coins are in circulation?
Currently there are just over 120 million DNotes in circulation.
3. What is the inflation rate per year?
Current inflation rate is roughly 10%, DNotes 2.0 will be closer to 5%.