10 million coins, mined by anyone

No premine, no ICO, no presale, no airdrop. Every OPCA comes from mining, on a curve anyone can recompute.

AfterOPCA issuedShare
1 year2,218,20122.2%
2 years3,944,35939.4%
3 years5,287,62152.9%
5 years7,146,35271.5%
10 years9,185,66991.9%
15 years9,767,61897.7%
2.5M5M7.5M10M5 yrs10 yrs15 yrs20 yrs22%71%2.5M5M7.5M10M5 yrs10 yrs15 yrs20 yrs22%71%

How the reward works

Each block pays what's left of the 10 million, divided by 222. It starts at 2.384 OPCA on block 1. There's no slow start, because full rewards draw the most miners in the first week, when a new chain is easiest to attack.

After about 15.4 years the reward reaches its floor of 0.05 OPCA a block. That's about 52,600 OPCA a year, roughly 0.5% and falling, and it keeps miners paid for as long as the chain runs.

base_reward = max( (MONEY_SUPPLY - generated) >> 22,
                   TAIL_EMISSION_REWARD )

MONEY_SUPPLY         = 10,000,000 OPCA
TAIL_EMISSION_REWARD = 0.05 OPCA

Where the 5% goes

Every block pays 5% of its new coins to one published address. All transaction fees go to miners. This is a real block from the testnet.

Block 31,681
2.369096 OPCA paid in total
Miner
2.250784 OPCA95% of the new coins, plus the 0.002851 OPCA fee.
Development fund
0.118312 OPCAExactly 5% of the new coins.

How much is that?

About 110,000 OPCA in year 1 and about 500,000 across the whole main curve. It has no end date. In the tail it's 0.0025 OPCA a block.

How do I check it?

Load the view key below into a view-only wallet, with coinbase scanning on, and you'll see every coin the fund receives. Wallets never pick fund outputs as decoys, so this can't weaken anyone else's privacy.

Mainnet fund address
Pa2TDAomGjCM7y1s2S2APLcrGqhkddoyRgsx2Miqu2eRJKLcayF84VPea6SMcSDnxeg78smaG9fBeTpVj5EL1wbU81m8HT6rPW
Public view key
69416fd0f64a86d2f3053d9ec1ed072daa83e8970d5fb7c63ab81657834a0101

Fees

A typical payment costs about 0.003 OPCA, measured over 470 testnet payments. The one on the privacy page paid 0.0029. Fees fall as the block reward drops.