MessyCoin
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February 18, 2016, 12:25:02 AM |
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i read that Emercoin will have 1,000,000 total coins one time. when will the final amount be reached and how many Emercoins are created yearly?
I think as a Proof-Of-Stake coin based on PPC code, with 6% interest pa, there is no real hard cap to the coin creation, but I am not exactly sure. The info at http://emercoin.com/ABOUT_EMERCOIN says Total coins: 1 * 10^9 EMC.(1,000,000,000) Most of these settings are defined in https://github.com/EvgenijM86/emercoin/blob/master/src/main.h
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m4nki
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February 18, 2016, 12:37:29 AM Last edit: February 18, 2016, 12:47:58 AM by m4nki |
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i read that Emercoin will have 1,000,000 total coins one time. when will the final amount be reached and how many Emercoins are created yearly?
I think as a Proof-Of-Stake coin based on PPC code, with 6% interest pa, there is no real hard cap to the coin creation, but I am not exactly sure. The info at http://emercoin.com/ABOUT_EMERCOIN says Total coins: 1 * 10^9 EMC.(1,000,000,000) Most of these settings are defined in https://github.com/EvgenijM86/emercoin/blob/master/src/main.hThe PoS rewards probably still kick in after hitting the 1 billion limit, right? Anyway EmerCoin is an amazing project and opportunity. Just look at the features: First decentralized pay per click advertising network? Wow! This is the decentralized version of Google's main income stream. Plus the other core features, such as DNS ...10 million marketcap? EmerCoin is still flying totally under the radar.
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MessyCoin
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February 18, 2016, 12:41:52 AM |
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The PoS rewards probably still kick in after hitting the 1 billion limit, right?
That's what I wasn't sure about, but I assume it must (probably never reach this in our lifetimes though ).
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maxihatop
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February 18, 2016, 06:11:19 PM |
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Regarding EMC cap limit 1,000,000,000.00
Really, this is soft limit, will be reached in ~50 years, if no significant network activity. This estimate including POS+POS money supply increase. However, don't forget, EMC has TX FEE, which is "destroyed" during transaction. So, existing process for decrease coin supply. More over, NVS-operations also have significant TX FEE. And, these days, since mass domain squatting, sometimes coin supply even decreased after some blocks, since coin burning is more than mining for some specific blocks!
So, we can estimate limit 1,000,000,000 as "practical soft limit", but not as real technical limit.
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tyz
Legendary
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Activity: 3360
Merit: 1533
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February 18, 2016, 07:07:29 PM |
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So, the amount from January 2014 to January 2016 increased by around 6 million coins. If it is a smooth increase as you stated then we could assume a yearly coin amount creation of about 3 million, right? i read that Emercoin will have 1,000,000 total coins one time. when will the final amount be reached and how many Emercoins are created yearly?
EmerCoin has a smooth distribution curve: https://emercoin.mintr.org/chart
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m4nki
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February 18, 2016, 11:58:45 PM |
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So, the amount from January 2014 to January 2016 increased by around 6 million coins. If it is a smooth increase as you stated then we could assume a yearly coin amount creation of about 3 million, right? EmerCoin supply: January 1st 2014: 30,021,591 January 1st 2015: 33,993,217 January 1st 2016: 36,792,389 Dropped from 4 million increase in 2014 to a 3 million increase in 2015.
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alittle
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February 19, 2016, 12:47:56 PM |
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My neighbor-drunkard damn similar to the emc lead developer. It's fantastic!
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maxihatop
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February 20, 2016, 12:43:48 AM Last edit: February 20, 2016, 12:54:38 AM by maxihatop |
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@alittle, Your neighbors lifestyle choices are no more relevant in this forum as are your accusations towards me. This is a professional venue specific to the advancement of EmerCoin, The EMC Community, The EmerCoin Group and its partners and affiliates. Off-Topic discussions or baseless accusations containing a condescending tone are not welcome here. It makes you look like a person that is hardly qualified to be posting anything in this forum. When large investors and corporate partners and their ilk review these discussions, seeing comments like yours does not help advance EmerCoin, CryptoCurrencies in general including Bitcoin. Instead it makes them wonder if any of this is worth it because the last thing they would want is for something like this to happen to them. If you are interested in EmerCoin which I guess is why you are here, I recommend that you start with a question. There are plenty of community members that are qualified to answer whatever questions you might have. I personally am far to busy to deal with any questions, fears, uncertainties or doubt. That type of questioning, if FUD is your true intentions are no longer appropriate for me to have to answer too. Those days are long behind me, especially since EmerCoin has performed so well that it has not only surpassed nearly a $9 Million Dollar market Cap but has also been invited by one of the largest corporations in the world to partner up and bring CryptoCurrency Blockchain Technology to a completely new realm. BTW- I have never had a drink in my life. You must not know that I am a former United States National Institutes of Health Biotechnical Engineer with many peer-reviewed papers written. Knowing the effects long term and short regarding alcohol, I am far more wise than to ever delve into that type as self congregate. So either ask a reasonable question regarding EmerCoin or move along down the road where the rest of the trolls: http://natribu.org/en/
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MessyCoin
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February 20, 2016, 07:46:54 AM |
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A simple directory of EMC supporting services was added to http://emercoin.com/communityIf anyone knows of a service that should be added, please let the community know. Thank you!
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alittle
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February 20, 2016, 02:41:41 PM Last edit: February 20, 2016, 08:28:57 PM by alittle |
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@alittle, Your neighbors lifestyle choices are no more relevant in this forum as are your accusations towards me. This is a professional venue specific to the advancement of EmerCoin, The EMC Community, The EmerCoin Group and its partners and affiliates. Off-Topic discussions or baseless accusations containing a condescending tone are not welcome here. It makes you look like a person that is hardly qualified to be posting anything in this forum. When large investors and corporate partners and their ilk review these discussions, seeing comments like yours does not help advance EmerCoin, CryptoCurrencies in general including Bitcoin. Instead it makes them wonder if any of this is worth it because the last thing they would want is for something like this to happen to them. If you are interested in EmerCoin which I guess is why you are here, I recommend that you start with a question. There are plenty of community members that are qualified to answer whatever questions you might have. I personally am far to busy to deal with any questions, fears, uncertainties or doubt. That type of questioning, if FUD is your true intentions are no longer appropriate for me to have to answer too. Those days are long behind me, especially since EmerCoin has performed so well that it has not only surpassed nearly a $9 Million Dollar market Cap but has also been invited by one of the largest corporations in the world to partner up and bring CryptoCurrency Blockchain Technology to a completely new realm. BTW- I have never had a drink in my life. You must not know that I am a former United States National Institutes of Health Biotechnical Engineer with many peer-reviewed papers written. Knowing the effects long term and short regarding alcohol, I am far more wise than to ever delve into that type as self congregate. So either ask a reasonable question regarding EmerCoin or move along down the road where the rest of the trolls: http://natribu.org/en/Placing this img here had pursued the only one aim - to draw your attention. Nothing else. I don’t care about what do you think or know about yourself. Really. I know that usually the clothes makes the man, and it’s especially important when you represent not only yourself. Anyway, thanks for response
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namjar
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February 22, 2016, 07:43:52 AM |
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alexcfr
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February 22, 2016, 08:53:41 AM |
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EMC not on poloniex ?
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namjar
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February 22, 2016, 08:58:30 AM |
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EMC not on poloniex ?
Poloniex are blind !
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RJF19
Sr. Member
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Activity: 420
Merit: 250
AKA RJF - Since '14 - On line since '84
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February 22, 2016, 03:57:53 PM |
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Request submitted, could use a few more for sure...
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Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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namjar
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February 22, 2016, 08:54:31 PM |
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m4nki
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February 22, 2016, 08:59:51 PM |
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Nice! I think this feature has most potential.
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Richard1972x
Full Member
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Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 22, 2016, 09:03:26 PM |
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One question regarding the 6% staking reward every year. Do I need to run the Emercoin client 24 hours a day or do I receive this if I just log in every 2 weeks or so? Many thanks!
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