Re: [ANN][DOGE] Dogecoin - very currency many coin

Quote from: spike420211 on January 21, 2014, 10:50:57 PM

Quote from: dego on January 21, 2014, 10:02:29 PM

Just for those who are not aware of it: http://www.reddit.com/r/dogecoin/comments/1vsofb/much_coin_no_stop_such_broken_dogecoin_has_broken/

my handy dandy Casio calculator shows 5% inflation over 19 years:
[1.05^19]~=250billion, not 200 million

I distinctly remember early Dogecoin adopters saying 5% annual "inflation",
w/ no hard and fast cap on total mined, early on.
I assumed you were all aware of this. I guess not.

Your numbers-fu is off. The block reward after 600k blocks is a fixed number, not %. That means that percentage wise the actual inflation rate will go down over time as the ratio of total coins in circulation gets significantly larger than the non-increasing block reward.