Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
Having any significant portion of your holdings in DRK is a bad move at this point. It is currently trading higher than litecoin yet it has the same max coin structure, and litecoin has years of serious adoption behind it. This price is only temporary and due to the present lack of coins on the market because it is new. It is not becase of demand and there is practically no support on the orderbooks compared to that of litecoin. We have seen this a dozen times before with altcoin IPOs - these are just IPO prices. At some point the supply side will start getting dumped into the market and it will fall apart. Meanwhile, people are desperately trying to pump it with rumors of being added of being added to bitfinex. And the other day its very fundamentals were called into question as it forked, setting the stage for a different more reliable altcoin to take its place even.
How high is DRK inflation at the moment in %? LTC has some serious high inflation already, My gues is that any new shit coin has way higher inflation.
The maximum number of newly minted DRK reduces by 7% per year, up to a projected maximum of 22M coins over a period of something like 50 years. DRK also incentives removing coins from circulation through the setup of Masternodes, which require 1000RK to establish. I suppose you could call that a kind of "soft" deflation.
Here is the projected mintage chart, from this post by the dev:
Note that these projections were based on the assumption that DRK would meet minimum subsidy due to difficulty a ways into the future, so future coin max may be lower than the original projection of 22M.
The money required to run a Masternode is not given up, it's simply required to remain static on one wallet address for the Masternode to function. Masternodes currently perform the mixing service for DRK, and in return will receive 20% of newly minted coins, which DRK refers to as "Proof of Service".
I hope that answers your question.