RE: Where does all the money come from on Steemit fully answered -- Can it continue? -- Absolutely yes!

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phgnomo (64)in #steemit • 7 years ago (edited)

Its on the whitepaper, you Just got a bit confused there.

It states that the inflation rate is what Will be reduce each year, until It reach a fixed rate of 0,95% (If i remember the number correctly)

But It is still an inflationary coin.

The difference between other coins like BTC is that there is no Max amount of coins set.

7 years ago in #steemit by phgnomo (64)

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bycoleman (59) 7 years ago

OK, Thanks. I will run an analysis on the coins created and see what the change is every 250,000 blocks to confirm.

Thanks again for this angle.

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