@gjhiggins, will probably tell us the cause of this, but I think nothing big happened, really.
https://bchain.info/SLM/blocks
Either a large amount of Slimcoin, previously not staking is now staking or someone has found a staking exploit. If it is the former, a natural event, then it will fade - the algos will ensure that. If it is the latter, an exploit, then it will unnaturally persist. All we can do is wait and see. (Please note, I didn't write the Slimcoin code, I merely wipe an oily rag over it now and again.)
As previously noted, this codebase is still on test. In fact, Bitcoin itself clearly states that it is experimental software. When absorbed in the throes of numerical ecstasy, people can easily lose sight of this overall context.
The arithmetical interdependence of Slimcoin's tripartite pow-pos-pob emissions system militates an inherently more dynamic system which itself is profoundly affected by ad hoc changes in the social consensus in terms of the constantly-varying proportion of users who mine and/or burn and/or stake in constantly-varying proportions of their own Slimcoin holdings.
I'm doubtful that any meaningful predictions can be made.
(I'm trying to find a different way of expressing the above - other than: “You try doing the fucking maths.”)
When push comes to shove, it's best to keep in mind the absolute fundamentals:
Copyright (c) 2013-2017 Slimcoin Developers
Copyright (c) 2011-2016 Peercoin (PPCoin) Developers
Copyright (c) 2009-2012 Bitcoin Developers
Permission is hereby granted, free of charge, to any person obtaining a copy
of this software and associated documentation files (the "Software"), to deal
in the Software without restriction, including without limitation the rights
to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
copies of the Software, and to permit persons to whom the Software is
furnished to do so, subject to the following conditions:
The above copyright notice and this permission notice shall be included in
all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN
THE SOFTWARE.
In an ideal world, in which people had more accurate and grounded models of the fundamentals of peer-to-peer networked cryptocurrencies, we'd be here to have a bit of pro-social affability whilst engaged in some rewarding collective intellectual problem-solving in a rather fascinating space of abstract concepts - with an eye to some possibly useful outcomes.
But it's not an ideal world, people have their own individual priorities/constraints and are often obliged to work with inaccurate and un-grounded models and the consequent inaccurate and un-grounded expectations, unfortunately this all too often leads to disappointment and distress. Please bear in mind that, as with all peer-to-peer networked cryptocurrencies, the Slimcoin project is explicitly and avowedly an experimental group venture in cyberspace.
Cheers
Graham
