Other cryptocurrencies reward miners the exact same way. All currencies inflate the "pool" of money, it's just a matter of determining who benefits from the inflation.
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Other cryptocurrencies reward miners the exact same way. All currencies inflate the "pool" of money, it's just a matter of determining who benefits from the inflation.
I just checked the maximum number of steem and it's 263 million, we are at 246 million in supply. I believe that the value will really run up fast after we arrive at the maximum supply. I predict that will happen some time next year. My question is how will curators be rewarded if there are no more steem coins left to mine?
I didn't know there was a maximum supply. Now I'm curious too.