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RE: HIVE inflation reduction: thoughts on the next hard fork

in #witness4 years ago

What I think happens is as the token increases in price you just get less token, so if you get $1 instead of 4/5 hive for your 5% reward you get 0.500, it's only a number change and jinking the scoreboard, its more a psychological thing and financial engineering than an actual fundamental change, debating this is actually pointless

Just get it and get it done already lol

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Hmm wouldn't 1/8 of 1$ mean that it would be .125 hive per 1$ earned? That would then be cut by 50/50 reward, so .0625? Might be conflating the math there but that's tough lol

Lol it’s late and I’m too tired to do math, but you get the point it’s just a change in the token allocation! It’s not only that sellers far outstrip buyers is also the fact that we’re simply not generating enough users to come in and compete the old inflation rates was based on a certain growth pattern steemit had in mind so time to change it