Post
Topic
Board Announcements (Altcoins)
Re: [*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4]
by
Orestes
on 20/06/2015, 16:18:35 UTC
I agree we need some marketing. I understand your point of view. I just think the amount of coins im getting on pos is a little high. I cant put my money in the bank and see dbl in two months. Do you think this is right? Part of that problem is the amount of people that have their coin at exchanges. Like i said earlier, raising or lowering the amount of coins per day is tricky.

But we have a fixed amount so lets say we increase with 1. Over a starting amount of one. Supply will increase in the following way.

1 | 2 | 3 | 4 | 5 | 6 | 7 | ... | ∞
 
increment then is

0 +1 +1 +1 +1 +1 +1 | ... | +1

0(0) + 1*(1) + 1/2*(2) + 1/3*(3) + 1/4*(4) + 1/5*(5) + 1/6*(6) + | ... | + 1/∞*(∞)

Final term: 1/∞=0

so you see in time, inflation is leterally of no concern. Given enough time there will be a shortage of supply.

But I understand that right now it looks like inflation is killing. And it might even look like that for a whole year. But once there is enough wealth locked up in the coin, with a decent supply. Then inflation would be barely noticable yet remain profitable.

Now think about this one step further...

8Bit shows that it is probable that no more then 25% of all coins will be directed at MasterNodes. This ensures profitability for quite some time. But once there are a lot of nodes, lets say 25% of an ∞ supply. Then your reward will decrease to 0. Why? Too much (∞)competition.

Therefore there will come a point of equilibrium for the total amount of MasterNodes with respect to cost/return.
Fees for services then offer a solution. Because they are outside of theses restrictions. Its scalability is directly linked to market usage.