RE: Some thoughts and facts on STEEM

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tarazkp (80)in #steem • 5 years ago

Dan Larimer being involved early on and his reputation.

This made me laugh :)

One question, will the inflation rate settle at 0.5? I thought it was 0.95. It is going to be interesting when we get there regardless.

5 years ago in #steem by tarazkp (80)

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acidyo (80) 5 years ago

Oh, I had 0.5 in mind all the time, not 100% sure now actually, will try look it up.

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acidyo (80) 5 years ago

You were right:

The inflation will continue decreasing at this rate until it reaches 0.95%, after a period of approximately 20.5 years.

From the bluepaper, will edit it in! Thanks!

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tarazkp (80) 5 years ago

No worries. You could have claimed "typo" as well :)

azircon (69) 5 years ago

That's in theory. In reality inflation is structural and market driven at the same time, especially in the short term.

tarazkp (80) 5 years ago

Yep, it is a bit out of whack because of SBD.

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acidyo (80) 5 years ago

Yeah I think SBD will have an effect on it as well.

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