BitShares Forum

Main => General Discussion => Topic started by: Riverhead on July 21, 2014, 12:32:27 am

Title: BTSX Share Supply 10BB?
Post by: Riverhead on July 21, 2014, 12:32:27 am

From the threads about BTSX being listed on the exchanges there was talk about the BTSX share supply going from 4MM to 2BB.  Looking at the asset tab of Bitshares X I see that the Share Supply for BTSX is 10BB.


However the current share supply is indeed 2BB (minus about 50k burned).


Can someone help me understand what's going on there?


Thanks!

Title: Re: BTSX Share Supply 10BB?
Post by: toast on July 21, 2014, 12:37:46 am

"maximum share supply" is meaningless for BTSX since nobody can issue new shares. So it started at 2bb and will only go down, the 10bn is just internal bookkeeping (we should "fake" it for BTSX imo)

Title: Re: BTSX Share Supply 10BB?
Post by: Riverhead on July 21, 2014, 12:43:35 am

Quote from: toast on July 21, 2014, 12:37:46 am

"maximum share supply" is meaningless for BTSX since nobody can issue new shares. So it started at 2bb and will only go down, the 10bn is just internal bookkeeping (we should "fake" it for BTSX imo)

Perfect  Thank you :).