BitShares Forum

Main => General Discussion => Topic started by: bitmarket on September 29, 2014, 09:31:36 am

Title: 10,000,000,000 max coins?
Post by: bitmarket on September 29, 2014, 09:31:36 am

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

Title: Re: 10,000,000,000 max coins?
Post by: xeroc 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

Title: Re: 10,000,000,000 max coins?
Post by: testz on September 29, 2014, 09:43:00 am

Quote from: bitmarket on September 29, 2014, 09:31:36 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

Title: Re: 10,000,000,000 max coins?
Post by: svk 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.

Title: Re: 10,000,000,000 max coins?
Post by: matt608 on September 29, 2014, 10:22:49 am

Quote from: xeroc 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

Are you sure?

Quote from: bytemaster on August 21, 2014, 05:26:34 pm

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

Title: Re: 10,000,000,000 max coins?
Post by: Frodo 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.

Title: Re: 10,000,000,000 max coins?
Post by: xeroc on September 29, 2014, 10:30:12 am

Let me quote myself:

Quote from: xeroc 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

Title: Re: 10,000,000,000 max coins?
Post by: bitmarket on September 29, 2014, 01:42:09 pm

OK. Sounds like a non-issue.   FYI I got it from here http://bitsharesblocks.com/assets

Title: Re: 10,000,000,000 max coins?
Post by: bytemaster 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.

Title: Re: 10,000,000,000 max coins?
Post by: bluebit 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?