Post
Topic
Board Service Announcements (Altcoins)
Re: Steemit.com: Blogging is the new Mining
by
HR
on 08/06/2017, 09:02:36 UTC

A lot of the info in the white paper is completely out of date.

On page 8, the white paper says: "STEEM is constantly increasing in supply by 100% per year . . ."

That's still true, correct?

https://steem.io/SteemWhitePaper.pdf

No, now it's:

annual inflation is 9.5%
That was the original rate starting December 1. It declines by 1/2% per year so should be down to around 9.25% now.

A lot of the info in the white paper is completely out of date...

Is that actually printed somewhere, in an announcement or something, somewhere other than just here today? Or is it just word of mouth knowledge?

People make investment decisions based on things like white papers, you know?
It's "printed" at official Steem blog:
https://steemit.com/steem/@steemitblog/final-review-of-steem-economic-changes

Any idea as to why there were no other documentation updates to this regard? No updated white paper. Nothing updated at https://steem.io/ at all to reflect this change. Nothing here on BCT either (until now). And the blog you posted isn't even noted here on the OP or on the website.   Shocked