BitShares Forum
Main => General Discussion => Topic started by: islandking on November 09, 2014, 08:36:51 pm
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What will be the total number of Bitshares?
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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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There will be 101 paid delegates ... but most will only have a few percent payrate ..
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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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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.
:)
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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.