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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: May 27, 2016, 08:17:13 PM
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how many people use bitcoin's official qt gui?
how many use mycelium, electrum, coinbase, cold wallets, etc?
the xmr gui is not as important as people are making it out to be. people should stop fixating on it.
Those weren't available in the early years of Bitcoin though. Furthermore, Bitcoin-QT was not really that user friendly and kind of "ugly". |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: May 25, 2016, 10:24:54 PM
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Awesome. Can't wait for ETH support to bring in the drooling masses! I wonder if Poloniex will get around to adding an ETH/XMR pair before Bitsquare makes them obsolete... Has anyone tried the site (Monero or other coins)? It sounds like a great concept, but I haven't seen any user reviews. TheKoziTwo did: I've successfully completed one trade on bitsquare. This is fantastic news and I hope everybody support bitsquare by adding liquidity to the market. I certainly will.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
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on: May 23, 2016, 11:24:04 PM
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One last question. What is the emission / inflation rate of monero and where does it end? currently at 11.8m according to coincap...will it go higher than that?
The base supply for variable rewards (each block pays out a tiny fraction of the remaining base supply, so as a result the block reward continuously decline slowly) is about 18.4 million. Once the reward reaches a minimum of 0.3/minute (0.6 per block given the current 2 minute blocks, though that could change) it will stay there forever. In theory this means the total supply is infinite, but once it reaches the 0.3/minute level the rate of growth will be very slow, <1% per year. You can also observe the daily inflation here: https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/Hasn't been adjusted for 2 minute blocks yet, but that doesn't really matter since the inflation per minute stayed the same. It what? Pardon my ignorance :-P I must've been messing things up in my head. |
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