"Future dilution will have a hard coded limit of 10% per year and will be allocated to delegates that campaign and get approval for their pay. This 10% limit may be raised via a hard fork with shareholder approval. Our new "social consensus" will be that "majority shareholders rule" and everything else is subject to change. "
Does it mean BTS will expand to 2.5billion and dilute 10% of 2.5billion per year?
Its actually more like 6.3% maximum (bytemaster changed it to 50 BTS per block max, which for a year is around 6.3%).
50 bts per block * 6 blocks a minute * 60 minutes per hour * 24 hours a day * 365 days a year is 157,680,000 BTS that could be created in 1 year, if we elected 101 delegates at max pay. (Which wont happen)
157,680,000 is 6.3% of 2.5 billion.
What is a more realistic number? Probably under 2% inflation. Why? Because we arent going to be electing 101 paid delegates at max pay!
We are probably going to elect way less than that for max pay. Most delegates will probably sit at the default 3% pay which is similar to what they currently get, and therefore the actual inflation will be much lower.