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Offline bitmarket

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10,000,000,000 max coins?
« on: September 29, 2014, 09:31:36 AM »

While I am in the question asking mood.  How will the remaining 8 billion get distributed?
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Offline xeroc

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Re: 10,000,000,000 max coins?
« Reply #1 on: September 29, 2014, 09:41:28 AM »
what asset are you talking about?!

if you are talking about BTSX: maybe this helps:
https://github.com/dacsunlimited/bitsharesx/blob/master/libraries/blockchain/include/bts/blockchain/config.hpp#L75

there will NEVER be more than 2B
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Offline testz

Re: 10,000,000,000 max coins?
« Reply #2 on: September 29, 2014, 09:43:00 AM »
While I am in the question asking mood.  How will the remaining 8 billion get distributed?

From where you take these digits?  :) BitSharesX has total supply 2,000,000,000 BTSX

Offline svk

Re: 10,000,000,000 max coins?
« Reply #3 on: September 29, 2014, 10:17:56 AM »
Maybe he found that on my site, I've been wondering about that too actually. I might need to apply another ratio to find the maximum supply, IIRC I used the same ratio as for the current supply and it comes out as 10 billion.
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Offline matt608

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Re: 10,000,000,000 max coins?
« Reply #4 on: September 29, 2014, 10:22:49 AM »
what asset are you talking about?!

if you are talking about BTSX: maybe this helps:
https://github.com/dacsunlimited/bitsharesx/blob/master/libraries/blockchain/include/bts/blockchain/config.hpp#L75

there will NEVER be more than 2B

Are you sure?
If there is not enough liquidity it is also possible for the network to "print" BTSX necessary to make great deals relative to a trusted feed."
https://bitsharestalk.org/index.php?topic=7065.msg96446#msg96446

Offline Frodo

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Re: 10,000,000,000 max coins?
« Reply #5 on: September 29, 2014, 10:26:24 AM »
If you have a look in the client at the assets tab you also find the maximum share supply 10 billion. No idea why this actually is.

Code: [Select]
>> blockchain_get_asset 0

{
  "id": 0,
  "symbol": "BTSX",
  "name": "BitShares X",
  "description": "Decentralized Autonomous Exchange",
  "public_data": "",
  "issuer_account_id": 0,
  "precision": 100000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": 199998457024777,
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 16992815762
}

But yes there are never going to be more than 2B BTSX so I wouldn't worry too much about it.

Offline xeroc

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Re: 10,000,000,000 max coins?
« Reply #6 on: September 29, 2014, 10:30:12 AM »
Let me quote myself:
what asset are you talking about?!

if you are talking about BTSX: maybe this helps:
https://github.com/dacsunlimited/bitsharesx/blob/master/libraries/blockchain/include/bts/blockchain/config.hpp#L75

there will NEVER be more than 2B
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline bitmarket

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Re: 10,000,000,000 max coins?
« Reply #7 on: September 29, 2014, 01:42:09 PM »
OK. Sounds like a non-issue.   FYI I got it from here http://bitsharesblocks.com/assets
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Offline bytemaster

Re: 10,000,000,000 max coins?
« Reply #8 on: September 29, 2014, 03:17:10 PM »
The maximum is a technical limit based upon 64 bit integers and double floating point precision rounded to a nice base 10 number.

For BTSX 2 billion is the max set by the social consensus.

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Offline bluebit

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Re: 10,000,000,000 max coins?
« Reply #9 on: September 30, 2014, 12:27:25 AM »
So the 10 Billion Max was put into the software to make it possible ... in the future for the shareholders to vote to increase the supply?
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