Req: Chart Of Predicted Coin Supply

Discussion in 'Project Ideas' started by raedah, Apr 10, 2016.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. raedah

    raedah Jr. Member

    Mar 6, 2016
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  2. root

    root Member

    Feb 3, 2016
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  3. Shadowlance

    Shadowlance Full Member

    Jan 9, 2016
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    The initial pre mines were 840 000 for the airdrop and 840 000 dev. Everything after that is PoS/PoW mined. The block reward cycle is 6144 blocks (I think, you'll need to check that) and reduction is 100/101. Average bloock time is 4:55. Maximum coin supply is ~21 000 000. That should be everything you need.
     
  4. root

    root Member

    Feb 3, 2016
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    Plus starting block reward 31.19582664 minus some money missing due to missing votes.

    noooo, that would be too easy ;)
     
  5. raedah

    raedah Jr. Member

    Mar 6, 2016
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    I did some work. Keep in mind these are estimates. I did not take into account credits not created because of lost votes, which are currently happening at a 3% rate.

    Block 1 credit creation is abnormal at 1,680,000.
    Block 2 - 4095 cred creation is abnormal, 21.83707865 per block.
    Block 4096 - Reward starts at 31.19582664 per block.
    Block 6144 - First reduction, dividing by 101, and again every 6144 blocks, 21.33 days.
    I verified these on the mainnet block explorer.

    And this is what I got.

    decred_supply.png

    decred_supply_numbers.png
     
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  6. raedah

    raedah Jr. Member

    Mar 6, 2016
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  7. raedah

    raedah Jr. Member

    Mar 6, 2016
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    Bitcoin gets to 50% minted at block 157,500, while Decred gets to 50% minted at about block 374,784. The block time is twice as fast on Decred, so 157,500 * 2 = 315,000 which is still less. This puts Decred at about a 15% slower minting process.
     
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