Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SILKCOIN][FULLPOS][FromTradeRouteToInformationSuperhighway]
by
arteleis
on 27/11/2014, 21:58:33 UTC
Is there any actual reasoning behind the number 111% and choosing it over any other arbitrary number for annual interest?

What's the plain to avoid hyperinflation?

Sorry if this was already asked.

It was a community choice by voting. Hyperinflation will be avoided because this will help its distribution.
How exactly does this help distribution?
It will enable those who are new to this currency to get a higher stake in silk, since those would have missed out on mining it, etc.

Also true.  High stakes hold games is a fun one.