What is the Darkcoin release schedule / inflation rate?

iHeartSmartArt

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Quote from: josiahgarber on May 18, 2014, 08:01:00 PM

Having a hard time nailing it down. It's important in calculating whether / how much to invest.

The total coins is estimated closer to 21.3 but are told 22m~ lower is better so this is a good thing.

Quote from: Vann on May 18, 2014, 09:47:42 PM

I believe Darkcoin is the only coin that uses inverted block rewards based on the current difficulty (the exact formula is in the Darkcoin announcement thread). The higher the network hash and resulting diff, the lower the number of coins awarded. As such, the number of coins released per year can only be estimated.

True, Darkcoin is the only coin which has build in A.I to adjust the reward. This helps people gauge the market value

Quote from: keystonepetplace on May 19, 2014, 07:32:35 AM

Quote from: Brilliantrocket on May 18, 2014, 09:04:33 PM

Approximately 1 million coins per year, with that amount going down by 7% every year.

What is worst case scenario if hash rate drops significantly in the future? Is it capped at 1 million per year or could it be significantly more than that?

Darkcoin will have no problem maintaining hash-rate as X11 is cooler and faster. The reward system is unlike any other with profitability keeping the miner count up.
Masternodes offer an even greater incentive bringing constant buying pressure to exchanges

Brilliantrocket

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Quote from: r0ach on May 19, 2014, 05:06:22 AM

Quote from: Vann on May 18, 2014, 09:47:42 PM

I believe Darkcoin is the only coin that uses inverted block rewards based on the current difficulty (the exact formula is in the Darkcoin announcement thread).

What you meant to type is, Darkcoin is one of the few coins that uses a coin emission method designed from the ground up to be a pyramid scheme. The more hash you throw at it, the less coins come out, rewarding day 1 miners who got the 500 reward blocks even more.

Translation: I didn't invest so now I bitch about non-issues. Cry me a river.

keystonepetplace

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Quote from: Brilliantrocket on May 18, 2014, 09:04:33 PM

Approximately 1 million coins per year, with that amount going down by 7% every year.

What is worst case scenario if hash rate drops significantly in the future? Is it capped at 1 million per year or could it be significantly more than that?

r0ach

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Quote from: Vann on May 18, 2014, 09:47:42 PM

I believe Darkcoin is the only coin that uses inverted block rewards based on the current difficulty (the exact formula is in the Darkcoin announcement thread).

What you meant to type is, Darkcoin is one of the few coins that uses a coin emission method designed from the ground up to be a pyramid scheme. The more hash you throw at it, the less coins come out, rewarding day 1 miners who got the 500 reward blocks even more.

ilic

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the next update for Darkcoin is the 25th of May when Masternode Payments will be enabled.

i suspect there will be a buy up between now and then

Vann

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I believe Darkcoin is the only coin that uses inverted block rewards based on the current difficulty (the exact formula is in the Darkcoin announcement thread). The higher the network hash and resulting diff, the lower the number of coins awarded. As such, the number of coins released per year can only be estimated.

Brilliantrocket

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Activity: 826

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Approximately 1 million coins per year, with that amount going down by 7% every year.

josiahgarber

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Having a hard time nailing it down. It's important in calculating whether / how much to invest.

Topic: What is the Darkcoin release schedule / inflation rate? (Read 1111 times)