Quote from: chriswen on January 06, 2016, 12:24:51 AM

Quote from: behindtext on January 04, 2016, 07:36:25 PM

Quote from: Justicemaxx on January 04, 2016, 04:59:11 PM

I want to clarify: the time between blocks of 5 minutes, the average block size in the first year, 25-23 coins?, about 105K units a year? This is the right calculations, I assumed that in the first year will produce around 4.7 million coins. That is, the financing of the project will be transferred to 470 thousand coins in the first year? (10%). Just want to understand everything before starting. It's very much like a full line of numbers bitcoin. Okay, the calculation roughly correct? Just earlier I was thinking that the blocks in the first year will be about 9-10 coins.

If you have a look at our previous post about the subsidy system

https://bitcointalk.org/index.php?topic=1290358.msg13412287#msg13412287

you can see how this works out in detail. For clarity, I'm reproducing the figures here:

The per block subsidy starts at approximately 31.19 coins and decreases by a factor of 100/101 every 6,144 blocks, approximately 21.33 days assuming 5 minutes per block.
The total number of coins by the end of year 1 is approximately 4.7M, with 1.68M coming from the premine and 3.02M coming from PoW, PoS and dev org subsidies.
The dev org will get approximately 302K coins over the first year, most of which will be spent on an ongoing basis on development of the software.

So we're looking at 15% decrease in inflation per year.

And 50% every 4 years. So I guess its modeled to be similar to Bitcoin.

This means that eventually block subsidy will approach zero. There will still be security from PoS but they'll still rely on transaction fees.

It's interesting that unlike a regular PoS coin, the interest isn't indefinite.

For the benefit of visual learners, it would be nice to have all this info put into a graph or two.

Does total emission depend on how many coins are being staked, or is there a fixed amount of PoS reward divided pro rata?