inflationary coin vs deflationary coin?
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1.3B CKB are made every years from the secondary issuance. As of today, 66.9% of the secondary issuance is being burned.
The bull run that's fueled by actual adoption demand is going to be so fkng insane...
yup, prepare accordingly
Burned? How?
+1
Why is that you are generating new 1.3B coins every year. Then how can price increase. In this way only dev/owner of the coin will get profit. Supply should be fixed. If you want to burn then why you are generating that such huge number of coins. Does it make sense creating 1.3B every year and then burn 63% of them.
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What is your main concern?
My main concern is supply. Because if we want to see a coin/token at $10 or $100 then it's supply must be around 100M
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Why is Ethereum so high in price?
Hello! Kindly move price/trading discussion to the Nervos unofficial community @NervosUnofficial Thank you!
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Small supply and 95% crypto on eth blockchain
https://github.com/nervosnetwork/rfcs/blob/master/rfcs/0015-ckb-cryptoeconomics/0015-ckb-cryptoeconomics.md
Ethereum is infinite
b/c having a hard cap reduces security when the blockchain is at its most valueable. That is a mis-aligned interest. Security should always go up when value goes up. Having the secondary issuance helps ensure continued monetary compensation for miners to secure the blockchain
How much currently they are it also matters. They are not generating 1.3B every years. Doge is also infinite but shiba is fixed but again doge supply is much lesser than shiba. So supply always matters.
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This example is wrong here in computer we want more storage capacity but in crypto we want low supply. If dev wants the supply flexible then they must generate small number of coin. Why you guys generating billions of coins.
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b/c more coins = more storage to allow continued adoption. and I've already explained to you why having a hard cap is not good, but it seems like you're not willing to listen to anything we are saying.
https://github.com/nervosnetwork/rfcs/blob/master/rfcs/0015-ckb-cryptoeconomics/0015-ckb-cryptoeconomics.md again, read, it's more complicated than you think
<chortle>
Still too much, I want a coin with -1 supply
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