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Author Topic: PPC Money Supply less than LTC with current rates?  (Read 411 times)
ttutdxh
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November 26, 2013, 11:34:11 PM
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Hello everyone,

I am new to this forum and I would like to start posting something that have me questioning myself. It is about the so-called concept of "Unlimited coins" of Peercoin.

So lets get the facts first; the majority of cryptocurrencies have a limit imposed in it's code that would not let generate more coins than that limit (supposing that this number of coins is ever reached)
  • BTC:    21 million coins
  • LTC:    84 million coins (4x BTC Limit)
  • PPC: 2000 million (2 billion as mentioned in the wiki) coins
These limits are far, far away in time, not even reached by year 2030+...

But what I am seeing now is that:
  • BTC block reward drops by half every 4 years, so more time = less coins generated until it will be unnoticeable
  • LTC block reward drops by half every 4 years, so more time = less coins generated until it will be unnoticeable (same as BTC) BUT a block with 50 coins is generated every 2.5 minutes, so more money in the same 4 years, x4 as planned.
  • PPC block reward drops by half every 16x hash power increase in the network, something that is happening regulary, like in btc or any other cryptocurrency. See https://github.com/ppcoin/ppcoin/wiki/FAQ for details, specially the "Total Money Supply Curve" graph

So the question is: with this rules and the current rate, is it posible that in 1-2 years there will be more LTC than PPC ?

Updated: Just making averages, in October 2015 42.076.000 LTC and 24 millions PPC?
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