Post
Topic
Board Altcoin Discussion
Re: Monero Economy
by
AnonyMint
on 17/07/2014, 23:29:21 UTC
If I designed a currency, never would I make the initial distribution so much higher than the long-term.

If the currency starts from zero, there has to be a high initial daily inflation to get it going.

If it does not start from zero, it is called "premine"

That is true but what is the second 6 months debasement for Monero? I will be happy to mea culpa if it is not that high?

Or more specifically is the nominal block reward declining?

http://www.monero.cc/index.html#specifications

As you see the block reward is declining. This is the hallmark of dying pump & dump coin like Bitcoin.