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Total number of Bitshares?

Started by islandking, November 09, 2014, 08:36:51 PM

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Ander

Quote from: Stan on November 09, 2014, 10:27:33 PM
Of course, by then that small percentage would still amount to a development and promotion budget of several quattuordecillion USD per year.

This almost makes me think you have been playing a certain silly flash game.  Where the amount of dollars you make actually gets up that high.
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Stan

The max percentage rate automatically tapers off.
If share issuance ran at the max possible rate of 50 every block it would be about

6.3% in year 1
4.0% in year 10
2.9% in year 20
1.5% in year 50
0.9% in year 100

Of course, by then that small percentage would still amount to a development and promotion budget of several quattuordecillion USD per year.

:)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Ander

Quote from: xeroc on November 09, 2014, 10:04:53 PM
There will be 101 paid delegates ... but most will only have a few percent payrate ..

I was using bytemaster's wording.   Paid delegate meaning those getting higher than normal pay.
The standard 3% pay delegates dont inflate much at all.
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xeroc

There will be 101 paid delegates ... but most will only have a few percent payrate ..

Ander

About 2.5 billion to start.

Then slowly increasing depending on how many paid delegates there are.  Maximum possible inflation is 6.3%, actual inflation will be a lot less than that because there wont actually be anywhere near 101 paid delegates.
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islandking

What will be the total number of Bitshares?
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