https://nostr.ae https://nostr.ae/npub1jzv8hadmmqgttce5q9dn69j4msczrwdw898t3fetwyt64gess4ssttsze5 https://nostr.ae/nevent1qqsqlga8shtgyzngdchzdpp8fd4tgcqsfmh7828pwcfne6vrp77nkpszyzgfs7l4h0vppd0rxsq4k0gk2hwrqgde4cu5aw989dc3024rxzzkzh6k3w6 In reply to <a href='/nevent1qqsrk2rkn74jteqauatc6cfstyu4yzhmvd2css8u7ezcdj9fvky6pjglwrqsj'>nevent1q…rqsj</a><br/>_________________________<br/><br/>📅 Original date posted:2022-07-13<br/>📝 Original message:&gt; There&#39;s only one coin whose expected (soft) emission time is larger<br/>&gt; than bitcoin&#39;s, and it&#39;s about an order of magnitude larger, at 50<br/>&gt; years.<br/><br/>Make that two coins. For DOGE it is 33 years. 2023-06-08T01:11:47+02:00 https://nostr.ae/nevent1qqsp9ya036fus2p83qm5vlq9cmtk92s7n772wkkg94fwljeha7crhqszyzgfs7l4h0vppd0rxsq4k0gk2hwrqgde4cu5aw989dc3024rxzzkznsgzu0 In reply to <a href='/nevent1qqs9k9k60lzjqmawnqklvkegq8l75l9g7p48xyndtdkvu836w6hr2ugzz93pl'>nevent1q…93pl</a><br/>_________________________<br/><br/>📅 Original date posted:2022-07-10<br/>📝 Original message:A parallel discussion is taking place at<br/><a href="https://bitcointalk.org/index.php?topic=5405755.0">https://bitcointalk.org/index.php?topic=5405755.0</a> 2023-06-08T01:11:32+02:00 https://nostr.ae/nevent1qqswfga58fc9wva9uu3sawdpl54nr3adeja4uqmgaekv926s0knf2fczyzgfs7l4h0vppd0rxsq4k0gk2hwrqgde4cu5aw989dc3024rxzzkz4qtr0c In reply to <a href='/nevent1qqsfcrh5qgav9c6xnsysj9vr30lwhlm8je3xd4ph2s2gdryxn4m4vqcggx0en'>nevent1q…x0en</a><br/>_________________________<br/><br/>📅 Original date posted:2022-07-09<br/>📝 Original message:&gt; New blog post:<br/>&gt; <a href="https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary">https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary</a><br/><br/>A Tail Emission is best described as disinflationary; the yearly<br/>supply inflation steadily decreases toward zero.<br/><br/>&gt; Dogecoin also has a fixed reward<br/><br/>It started out with random rewards up to 1M doge per block, with the<br/>maximum halving every 100K blocks, until the fixed reward of 10K doge<br/>kicked in at height 600K.<br/><br/>&gt; If an existing coin decides to implement tail emission as a means to fund security, choosing an appropriate emission rate is simple: decide on the maximum amount of inflation you are willing to have in the worst case, and set the tail emission accordingly.<br/><br/>Any coin without a premine starts with infinite inflation. Bitcoin in<br/>its first 4 years had yearly inflation rates of inf, 100%, 50%, and<br/>33%. So deciding on a maximum amount of inflation is deciding on a<br/>premine.<br/><br/>While in the long term, a capped supply doesn&#39;t meaningfully differ<br/>from un uncapped supply [1], the 21M limit is central to Bitcoin&#39;s<br/>identity, and removing this limit results in something that can no<br/>longer be called Bitcoin.<br/><br/>[1] <a href="https://john-tromp.medium.com/a-case-for-using-soft-total-supply-1169a188d153">https://john-tromp.medium.com/a-case-for-using-soft-total-supply-1169a188d153</a> 2023-06-08T01:11:25+02:00