Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HYP] HyperStake | 750% PoS | Advanced Coin Control Wallet | 11 Markets
by
presstab
on 20/11/2014, 01:23:33 UTC
This is not as complicated as it's being made out to be.

When using terms like "inflation control"...
The only thing that matters here is Money Supply growth...
How fast are those 46,051,232 coins growing relative to a previous period?

As for how...
It doesn't matter if you have midgets wrestling for blocks...
Or naked women are dropping stake blocks from helicopters over Gotham City.

Also, referencing the 750% nominal rate as "static" is meaningless...
Since people staking correctly are doing MUCH more than that...
(I'm doing a REAL rate of 5,000-6,000% annual if compounded daily)...
And when the Max Generation kicks in the REAL rate will gradually drop to zero over time.

It's all about Money Supply growth and since you have the information...
Please tell us the Money Supply Pct Growth for each of the last 4 weeks...
Or a graph... or any other format you may have available.

Clarity on this is a good way to restore market confidence.

Sure I think that lots of people confuse supply inflation and price inflation. HyperStake obviously has no control over exchange rates between HyperStake and other coins such as bitcoin, monero, doge, litecoin.  There was talk about a market stabilization fund "HyperShield", but I was largely against it because I didn't want to create a false sense of security.  These are crypto currency markets and typically crypto currency markets are very volatile, it only takes a few whales selling out to drop the price significantly and thats what we are seeing.

Money supply statistics can be found quite easily, I added an RPC command, "moneysupply" on July 8th, days from launch. You can check this command at anytime, and I encourage it, because money supply statistics are important. The current output:
Code:
{
"moneysupply - present" : 46010753.75979300,
"moneysupply - 960 blocks ago" : 45349430.95171700,
"moneysupply - 6,720 blocks ago" : 41620291.44066900,
"moneysupply - 28,800 blocks ago" : 29433914.51322000,
"supply change(last 960 blocks)" : 661322.80807600,
"supply change(last 6,720 blocks)" : 4390462.31912400,
"supply change(last 28,800 blocks)" : 16576839.24657300,
"supply change since fork (block 31781)" : 37298942.52201400,
"time change over 960 blocks" : 1.00379630,
"time change over 6,720 blocks" : 7.11354167,
"time change over 28,800 blocks" : 30.46195602,
"avg daily rate of change (last 960 blocks)" : 0.01431886,
"avg daily rate of change (last 6,720 blocks)" : 0.01341421,
"avg daily rate of change (last 28,800 blocks)" : 0.01182727,
"projected money supply 1 day from now (daily compound)" : 46669575.48539219,
"projected money supply 7 days from now (daily compound)" : 50508941.65688521,
"projected money supply 30 days from now (daily compound)" : 65471271.63501146
}

You can see that the last day has added about 1.4% to the supply (661k HYP).  I have always encouraged people to use this RPC command, I made it for a reason.