The inflation is way off, by a margin of 30%, (from 10% on readme to less than 7% currently) which is huge!
Needs to add to the readme the year in which the measurement was taken, also when does the inflation ends, if it is left "20 years" it can be misleading, will it be 20 years forever?....
Inflation calculation
Right now every block generates a HP reward of 0.25HP to the producer
10% of inflation to block producers, so total inflation is 2.5HP per block
targeting 1 block every 3 seconds
2.5HP 20 blocks per minute 525,960 minutes per year = 26,298,000HP in 1 year
Current supply is 381,457,172 Hive (Hive only) or 411,066,161 (Hive + HBD)
525,960 is 6.9% out of Hive only supply, or 6.4% out of Hive + HBD
30% margin of difference. Must be updated
TODO:
Update the "narrowing to 1% APR over 20 years"
If the inflation is off by over 30%, how wrong is the 20 years, and in which year, precisely, does it end?
Goal:
More precise information, so end users can estimate by themselves using simple math
The inflation is way off, by a margin of 30%, (from 10% on readme to less than 7% currently) which is huge!
Needs to add to the readme the year in which the measurement was taken, also when does the inflation ends, if it is left "20 years" it can be misleading, will it be 20 years forever?....
Inflation calculation
TODO:
Goal: