Sure,
To start, I am into HighPOS-coins because I think its the smartest way of 'mining' coins. You reading this probably means you kind off figured this out too. But highPOS comes with a potential problem as well: High inflation because coins are multipling themselves, 1 becomes 2 and then 4, 8, 16, 32 etc. Before you know it, the coin supply gets bigger exponentially, which will eventually force their value down in the same pace.
Some months ago, I went digging in the HBN blockchain to see how the monthly inflation rate due to POS-staking was developing in reality. It became clear that in case of HBN it's not spiralling out of control. Not at all, it's actually getting lower every month. HBN seems to be designed in a way that prevents exponential inflation. I have some idea's why but for now, that not the point.
I was wondering whether the other HighPOS coins behaved the same way as HBN or not. CAP is twice the POS rate but compared to HBN similar in design. I am really interested to find out all about CAP-inflation. How high is it? And how does it evolve?
So I am planning on investigating HBN, CAP, TEK and HYP in this respect. I managed to find useable blockexplorers for all of them except CAP. That's why I was asking for some help.
When I am done, I'll share my findings, I am curious to know what you High-POS-guys think of it!
Inflation doesn't matter as much since these aren't competing to be currencies. I mean you can use them as such, but that would be the same as going into Apple stock with the anticipation that you can then get a "Xapple Card" to sell your Apple stock to buy your latte at Starbucks.
High PoS combines a few aspects:
- Mining/minting masternode: the number of coins you have can be considered to be your "power" in generating more coins. However, unlike the continuous arms race of mining with physical machines, you get an idea of the possible "hash power," i.e., what # of coins you can generate based on the number of coins you have as well as the time it will take to hit a block. If you think about mining say HBN, it's like mining BTC in the early days, since when you hit a block, the whole block is yours. Unlike PoW, however, efforts to hit a block aren't burnt up, so you actually generate more coins once you hit a block later.
- Hedging: At a time when almost every altcoin is a falling knife, high PoS at least rewards holders with a set # of new coins/hashing shares. When say Vericoin can just crash into oblivion since it is purely a speculative play from the same people who brought you Blackcoin, intelligently designed high PoS has a latent value in that, like mining, you can put value in to potentially get more value out.
- Continuous share dilution/creation: If you hold the same number of coins and mint them continuously, you will still have the same % of total coins in the market later, more or less. So if you held 50k HBN now, and just staked for a decade, you'd then have say 1M HBN. It's just a mathematical change. You share of the total network of coins, minting masternodes is more or less the same. This is where it helps to think not simply currency, but something more powerful where "dilution" doesn't matter as much.
