Questions on Bitshares
I know that Steem is in a inflation about 8.3% know, but does anybody know about the inflation of Bitshares , the inflation rules and how it is created?
Thx.
I know that Steem is in a inflation about 8.3% know, but does anybody know about the inflation of Bitshares , the inflation rules and how it is created?
Thx.
Intelligent question. You should join us over on Telegram community chat t.me/bitshares_official
See this also https://bitsharestalk.org/index.php?topic=24259.0
There is no inflation rate, however, BTS is emitted at a fixed rate and has a hard cap of 3.6b tokens that will ever be total circulation. A certain amount of BTS (blocks) produced are set aside as reserve pool, this pool is used to pay for work and maintenance for improvement, and to keep the blockchain running. This work is claimed in the form of 'worker proposals. What is unused and unspent from the budget, is burned. Burning reduces supply and thus puts inflationary pressure on the price.
Disclaimer: All from top of my head, with brevity for time spent making a steem comment, open to any corrections ....
Yes, I know about the current supply and reserve pool. What's I want to know, in other words, is how many BTS is created per block, i've seen 1.5, 3, and 1 BTS per block, and I don't know which is used know
Congratulations @furryruby! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @furryruby! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!