Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
nyanhtet
on 23/12/2016, 16:21:35 UTC
Many people like Lisk but they are afraid to buy.

because:
1)
big inflation in the first years.
https://docs.google.com/spreadsheets/d/102y7i8_79Zfuzgo4oy99EDZwbQc8lR8W-LAC0vj8RlE/edit#gid=0
First year     + 15 million new Lisk.
Second year + 12 million new Lisk
Third year    + 9,46 million new Lisk
Fourth year  + 6,3 million new Lisk
After that
Every year +3,15 million new Lisk  It will be endless.

It is very much for cryptocurrency!!!!


2)
Unlimited amount of coins.


For comparison
ETH
2016    87 million eth
5189   103 miilion eth max. limit

Ethereum Classic
new Monetary Policy
https://bitcoinmagazine.com/articles/ethereum-classic-forges-new-path-revamped-monetary-policy-could-be-next-1481656302

2016 87 millions ETC
2080 It plans to make the maximum limit 120-200 million etc.




Why cannot Lisk change inflation rate after reach forging reward 1 LSK per block? It is easy. But I have a question that if bitcoin reach 21Million supply, Miners will still run their machines? Because their is no profit anymore. They shutdown their machine and consensus algorithm stop. Is it the dead end of the Bitcoin? Or Bitcoin unlimitted is born?