Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine
by
rgsnedds
on 13/02/2019, 20:08:01 UTC
what is the annual inflation rate?

"Beam is designed to be a deflationary coin with capped supply, halving every four years and stopping emission altogether after 133 years."



So we don't know the actual number of coins that will be released on an annual basis?

Also, what exactly does 'maturing' mean? Is this another word for staking?

it's easy to calculate exactly how many coins are created each year.

Year 1 = 80coins per block every 60 seconds + 20 coins per block emitted in a batch every 43800 blocks towards the treasury fund.
Year 2,3,4 = 40coins per block every 60 seconds + 10 coins per block emitted in a batch every 43800 blocks towards treasury fund.
Year 5 = 40coins per block very 60 seconds (treasury rewards cease).
Year 6,7,8,9 = 20 coins per block every 60 seconds.
Year 10,11,12,13 = 10 coins per block every 60 seconds.
and then halving every four years until 262,800,000 Beam are created.