No it is more simple.
For EnergyCoin I get 5000 ENRG PoS per day and that I want to redistribute via lottery for small holders.
OrangeCoin can do the same or are here no bag-holders?
For StakeCoin the same and my developer can create that feature.
In a Rapberry-PI we can combine the 3 coins and application.
Wait I JUST Read this..... so you're going to add 1,825,000 Coins to the table every year @ 5000x365 assuming you're stating accurate numbers if not, its an estimate then..... and that's NOT counting the influx of the POS going up so like 5000 one day, 5001 the next, 5002 so on and so on.
Halo, Soopy is there a way to find out the inflation rate base upon who's staked and who's lost wallets?
Here's the basics:
http://inflationdata.com/inflation/Inflation_Articles/CalculateInflation.aspProblem is, we don't know who's wallets are really lost, or just offline -- including the old large amounts.
Couldn't we go off of the number of days inactive? Like before we were noticing wallets with an age of 400+ days. And how old exactly is OC?
I've investagate this for EnergyCoin
We have about 10% long time offline and 20% stored on Bittrex.
The sleeping wallets can wake up every moment owner see posibility for profit.
The offline wallets only missing the compound effect and coins stored on Bitterx have no effect on the inflation.
Specs for EnergyCoin:
Algorithm: Scrypt POS/PoW Hybrid (No PoW Reward)
Max Coins: 110 Million and yearly interests.
Year 1: 10% interest
Year 2: 8%
Year 3: 6%
Year 4: 4%
Year 5: 2%
Next : 1%
Block Time: 30 seconds
Confirmations: 3 to confirm tx
Stake age: minimum 1 day to stake coins
So for EnergyCoin 116M - 21.7M = 94.3M coins in stake with 8% rate is total 102m + 21.7 = 123.5M next year (excluding compount effect and coins for Bitterx)
As a developer I can change the PoS-reward if needed for future applications.
So every moment sleping wallets can wake up and begin to stake.