Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MEOW] KittehCoin Relaunch IS HERE!!!!
by
maxvall
on 17/12/2014, 09:58:42 UTC
What happened on the 24th?
Reward halving happened on 2014-12-06.

Current reward in range 1k–6.25k MEOW. So, average reward per block is 3.625k MEOW.
Daily emission amount is 24*60*3.6k = 5.2M MEOW
So, inflation rate is 5.2M*365/23'385M*100% = 1.9B/23.4B*100% = 8% per annum (theoreticaly)

Really number of blocks generated per day is less than 1440 because of hashrate instability.
2014-11-17 06:48:09 block #483886
2014-12-17 06:48:08 block #509986
26100 blocks generated per month, average 870 blocks per day
Correction factor is 870/1440 = 0.6
So, real inflation rate now is 8%*0.6 = 4.8% per annum