@Tranz
I red about a limit of 120 million coins. It's over this limit now, but the "Current PoS Yearly Interest" is at 27%. What is wrong with the wallet software? With this longterm inflation the coin is really nonsense, and the investors have been ripped-off. I'm rather sure this is not done by intention, but the algo should be reviewed and changed soon.
I've checked the source code here:
https://github.com/Crypto-Expert/HoboNickels/commit/460a9f5ea3ebc3489b97e2c24b333462d93cef01In the src/main.cpp file inside the
GetProofOfStakeRewardV3 function at row 1271 is the following comment:
// HoboNickels: reward for coin-year is cut in half every 128x multiply of PoS difficulty
// A reasonably continuous curve is used to avoid shock to market
// (bnRewardCoinYearLimit / nRewardCoinYear) ** 5 == bnProofOfStakeLimit / bnTarget
//
// Human readable form:
//
// nRewardCoinYear = 1 / (posdiff ^ 1/5)
This seems to reduce to coin reward in relation to coin years. Unfortunately I could not research the outcome on this.
Maybe someone else has any idea about this behaviour?