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Documentation of iost
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there is an obvious mistake 1.98% #74

Closed KenianShi closed 5 years ago

KenianShi commented 5 years ago

there is a confusing figures that 1.98%.I guess you forgot the exponent n when you calculated it. The system issue an additional inssuance every 24 hours，so,it issues 365 times a year,so n=365 if x=1.98%, then, (1+1.98%) ^ 365 >> 1.02,this is an obvious mistake. i calculated that x equals 0.00000054

QwertyJack commented 5 years ago

1.98% is annual inflation coefficient, not daily. The calculus goes: (1+1.98%/365)^365 = 1.02

QwertyJack commented 5 years ago

@shiknian Any questions?

KenianShi commented 5 years ago

@shiknian Any questions?

o,now i see ,thank you.