BitShares Forum

Main => General Discussion => Topic started by: joele on November 14, 2014, 09:51:57 am

Title: BTS share supply is decreasing so far
Post by: joele on November 14, 2014, 09:51:57 am

I monitored bts share supply from block 1000483 to 1006079, difference of -78,230.9308 bts
Total new blocks created is 5,596 ^{(1006079 - 1000483)}
Total bts created from 3% of 50bts to 101 delegates = +847,794 bts  ^{(1.5bts * 101 * 5,596 blocks)}
Total fees burned = 926,024.9308 bts  ^{(847,794 + 78,230.9308)}

Is my math correct?


"blockchain_head_block_num": 1000483,
  "blockchain_head_block_age": "1 second old",
  "blockchain_head_block_timestamp": "2014-11-13T17:54:30",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_share_supply": "2,498,169,614.91576 BTS",
 
  "blockchain_head_block_num": 1006079,
  "blockchain_head_block_age": "7 seconds old",
  "blockchain_head_block_timestamp": "2014-11-14T09:33:10",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 2,
  "blockchain_share_supply": "2,498,091,383.98496 BTS",

Title: Re: BTS share supply is decreasing so far
Post by: cn-members on November 14, 2014, 10:12:25 am

some one from the Chinese community registered a short asset paid for 0.5 million BTS .......

Title: Re: BTS share supply is decreasing so far
Post by: svk on November 14, 2014, 10:46:48 am

Quote from: joele on November 14, 2014, 09:51:57 am

I monitored bts share supply from block 1000483 to 1006079, difference of -78,230.9308 bts
Total new blocks created is 5,596 ^{(1006079 - 1000483)}
Total bts created from 3% of 50bts to 101 delegates = +847,794 bts  ^{(1.5bts * 101 * 5,596 blocks)}
Total fees burned = 926,024.9308 bts  ^{(847,794 + 78,230.9308)}

Is my math correct?


"blockchain_head_block_num": 1000483,
  "blockchain_head_block_age": "1 second old",
  "blockchain_head_block_timestamp": "2014-11-13T17:54:30",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_share_supply": "2,498,169,614.91576 BTS",
 
  "blockchain_head_block_num": 1006079,
  "blockchain_head_block_age": "7 seconds old",
  "blockchain_head_block_timestamp": "2014-11-14T09:33:10",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 2,
  "blockchain_share_supply": "2,498,091,383.98496 BTS",

You can track this easily on my website. On the homepage you'll find the supply change over the last 24 hours, and in the tab Charts -> BTS Supply and Fees you'll find plots of the supply evolution since the hardfork.

You are correct btw, we're down 673,000 BTS since the hardfork.

Title: Re: BTS share supply is decreasing so far
Post by: Frodo on November 14, 2014, 10:55:19 am

Quote from: svk on November 14, 2014, 10:46:48 am

Quote from: joele on November 14, 2014, 09:51:57 am

I monitored bts share supply from block 1000483 to 1006079, difference of -78,230.9308 bts
Total new blocks created is 5,596 ^{(1006079 - 1000483)}
Total bts created from 3% of 50bts to 101 delegates = +847,794 bts  ^{(1.5bts * 101 * 5,596 blocks)}
Total fees burned = 926,024.9308 bts  ^{(847,794 + 78,230.9308)}

Is my math correct?


"blockchain_head_block_num": 1000483,
  "blockchain_head_block_age": "1 second old",
  "blockchain_head_block_timestamp": "2014-11-13T17:54:30",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_share_supply": "2,498,169,614.91576 BTS",
 
  "blockchain_head_block_num": 1006079,
  "blockchain_head_block_age": "7 seconds old",
  "blockchain_head_block_timestamp": "2014-11-14T09:33:10",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 2,
  "blockchain_share_supply": "2,498,091,383.98496 BTS",

You can track this easily on my website. On the homepage you'll find the supply change over the last 24 hours, and in the tab Charts -> BTS Supply and Fees you'll find plots of the supply evolution since the hardfork.

You are correct btw, we're down 673,000 BTS since the hardfork.

That's neat.  +5%
If I can suggest one thing, it would be cool to have the "BTS FEES PAID OVER TIME" chart also with a logarithmic scale. Right now asset registration fees dwarf just everything.

Title: Re: BTS share supply is decreasing so far
Post by: svk on November 14, 2014, 11:04:21 am

Quote from: Frodo on November 14, 2014, 10:55:19 am

Quote from: svk on November 14, 2014, 10:46:48 am

Quote from: joele on November 14, 2014, 09:51:57 am

I monitored bts share supply from block 1000483 to 1006079, difference of -78,230.9308 bts
Total new blocks created is 5,596 ^{(1006079 - 1000483)}
Total bts created from 3% of 50bts to 101 delegates = +847,794 bts  ^{(1.5bts * 101 * 5,596 blocks)}
Total fees burned = 926,024.9308 bts  ^{(847,794 + 78,230.9308)}

Is my math correct?


"blockchain_head_block_num": 1000483,
  "blockchain_head_block_age": "1 second old",
  "blockchain_head_block_timestamp": "2014-11-13T17:54:30",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_share_supply": "2,498,169,614.91576 BTS",
 
  "blockchain_head_block_num": 1006079,
  "blockchain_head_block_age": "7 seconds old",
  "blockchain_head_block_timestamp": "2014-11-14T09:33:10",
  "blockchain_average_delegate_participation": "99.02 %",
  "blockchain_confirmation_requirement": 2,
  "blockchain_share_supply": "2,498,091,383.98496 BTS",

You can track this easily on my website. On the homepage you'll find the supply change over the last 24 hours, and in the tab Charts -> BTS Supply and Fees you'll find plots of the supply evolution since the hardfork.

You are correct btw, we're down 673,000 BTS since the hardfork.

That's neat.  +5%
If I can suggest one thing, it would be cool to have the "BTS FEES PAID OVER TIME" chart also with a logarithmic scale. Right now asset registration fees dwarf just everything.

Good idea, didn't think of that actually. I'll check to see if it's possible.