Thank you all so much.
Fixed supply is good. In my opinion and probably in most stakeholder's opinions, the max supply must never be increased.
The only supply I'm interested in is LIQUID (currently spendable by individuals) supply and expected curve(s) of increase (or decrease )
Maybe with the data here I can construct something like a chart. Charts and graphs, heaps of them, all the variables you can think of. Charts make things easy to see, the lack of charts is worrisome, like someone's trying to hide. Perhaps I shall propose a worker to make cryptofresh (or some other blockchain browser) have all the same sorts of charts as blockchain.info.
Sounds great!
For some clarity. Please give me a yea if I'm right here: The merger never changed the maximum possible supply of BTS (~3.7). It changed the structure of the liquid supply increase. The merger put ~.5 billion into vesting balances to be released over about 2 years (wut??) and put ~1 billion into a reserve fund to be distributed as voters see fit (cool).
Not quite. The merge has "merged" BTS, DNS and VOTE and increased the
supply to payout they DNS and VOTE holders. This payout is put into
vesting for 2 years which will end soonish. The total supply was
increased to what we have now. 3.7B or so.
The funds in the reservers are from the original proposal of Bitshares
1. There people could have voted in "delegates" that work for BTS which
could have resulted in a dilution of "up to" 3.7B BTS *if* they all had
been paid 100% payrate from start. Everything that was not paid in BTS1
was put into the reserve fund and is now available for the BTS
shareholders to be spend .. or not.
Since the launch of BTS2, if thing as little as 2% have been paid to
workers and witnesses (block producers). The rest is still there.
If we want to see more happy sharers we need to be super clear on communicating limited and cointrolled supply increase, like Bitcoin has always been.
It's a bloody awesome feature that the supply is limited and the shareholders vote how the reserve gets released. Smart, and it makes me want to be a shareholder! xoxo bitshares.
I agree but the whole structure of BitShares is more business style and
not as easy to understand as in Bitcoin. We obviously struggle to get
this picture across.
If you could write something down or draw some charts, I would love to
help you get them on Bitshares.org .. putting them on bitshares.EU or
docs.bitshares.eu is easy to do though!