Hi,
I'm an avid fan of this coin, and would like to ask about the long term plan for ROIcoin.
This coin has an annual rate of 5.93x. So just to take a simple example of a miner with a 10 year investment horizon, let's say a miner is able to mine 10000 coins a year. And just to make it really simple, he only deposits his coins once a year on 1st Jan.
Also assume diificulty reduces coins mined by 1000 a year.
All assuming the 593%
0th year: 0 coins
1st year: 10000 coins mined (deposits all of them)
2nd year: 9000 coins mined + 59300 coins staked = 68300 coins (deposits all of them)
3rd year: 8000 coins mined + 405019 coins staked = 413019 coins (deposits all of them)
4th year: 7000 coins mined + 2449202.67 coins staked = 2456202.67 (deposits all of them, also stops mining because it's not worth mining)
5th year: 14.565 million coins staked (deposits all of them)
6th year: 86.372 million coins staked (deposits all of them)
7th year: 512.187 million coins staked (deposits all of them)
8th year: 3.037 billion coins staked (deposits all of them)
9th year: 18.011 billion coins staked (deposits all of them)
10th year: 106.805 billion coins staked
So here are my questions:
Q1: What is the total supply of coins? I think i read somewhere earlier in the thread that PoW is 1 billion coins, and PoS is unlimited? Is this correct? Then how would you control how much each miner is able to stake?
Q2. Also someone above commented that once a deposit is made, the supposed number of coins is pre-allocated in the blockchain?
Q3. How do you intend to control inflation? Looking at the rate of growth, it's incredible that one miner can amass 106 billion coins within 10 years, this will definitely depress the value of the coin.
Q4. What real world uses / integrations do you foresee having for ROIcoin? It would be great if the roadmap had some plan to allow ROIcoin to be used in the real world.
Thanks!