Quote from: mycotoxin on November 28, 2017, 08:06:23 PM

Quote from: Hakkane on November 28, 2017, 02:53:47 PM

Quote from: phantailaptopbl on November 28, 2017, 07:00:55 AM

Does Sia have an update API, true of false?
https://github.com/NebulousLabs/Sia/tree/master/doc

Some changes are being made to the APIs currently, but the resulting APIs will always be backwards compatible with old applications.

Quote from: rancidgash on November 28, 2017, 12:30:01 PM

Hi guys!

I have one question, because I do not understand something.
Do Siacoin have a limited number of coins (limit quantity) or will they be created indefinitely?

The supply is infinite to incentivize miners securing the network forever. However the block reward is smaller over time and it will reach a minimum of 30KS/block. The inflation, for that reason, will be smaller and smaller. For instance, inflation rate today is 23% but it will be 3-4% in 2020. You can check the numbers here: https://siastats.info/supply_inflation.html

Also consider that in a future update Proof of Burn mechanics will be introduced for hosts to prove their legitimacy. So the more network usage, more burnt coins. At some point, if the network is big enough, the coin could be deflationary. Also, millions (or billions) will be locked in file contracts as the network keeps growing

This sounds stressful , does it mean the SIACOIN I hold will not appreciate until 2026 ..and even then it will depend on the demand ? Are there any projections ?

That's not how I'm reading it. There will be natural market fluctuation, but from 2020 (only two years from now) the supply will diminish and potentially drop due to network burn, thus increasing value. So, no...not eight years away, but starting in two.