We updated new code to whole new blockchain and calculated it would be much better to reduce block time to 30 sec and reward to 2 TSF per block, so its in the best interest of whole platform and its users to have smaller circulating supply to stop the inflation, based on new code parameters.
Lets make calculation..
Before swap blocktime was 90s (should be) and block reward =5tsf. So emisson 86400(1day)/90s*5tsf = 4800 tsf per day
After swap and change code:
Blocktime 30s (should be) and block reward =2tsf. So emisson 86400(1day)/30s*2tsf = 5760 tsf per day
So tell , where is there any hint at reducing inflation? If every day emision 960 coins more than before!Another question. now price is 700sat (on a highly dubious exchange), before swap, for example i had 100 tsf and i can sell for 100*700sat =
70 000sat
Now, after wap, i only have 100*0.4 = 40 tsf that can sell for 40*700 =
28000 sat. Did you see difference???
In short terms update of code is inevitable. Price on exchange isnt formed yet, they also need to update code on new chain. Hopefully on new exchange market will react and form a price that matches mining potential.