5555 days but forever in term of growth we are not going to face any bottleneck 15 years from now, it will still have the power to grow in 20 or 30 years?
I think the answer to this question is yes, correct me tez if i am wrong.
2 - Is there a limit for the price dipping, knowing that hex has a staker community and that you know how many people stake hex currently. Is there technically a price level where the price will definitely be supported because of all people who hold and stack Hex?
3 - What is the difference between ending a stake after the staking period ends and using the good accounting?
4 - What are the penalties that I will get if I unstake before my staking period ends, how does it work?
Thank you in advance for your answers.
Exponential Growth (explainer) This is usually connoted as very bad and means a massive increase in supply, thus diluting your holdings. People commonly imagine a J curve where supply appears flat in the near term but explodes at some point. Exponential growth is merely growing by a percentage of what already exists, periodically. Even 1% annual growth is exponential growth. Plot 1.01^x on a graphing calculator or graphing app and zoom out to ~600 years. It looks bad, but you’ll be dead by then, so don’t worry about it. HEX has a 3.69% inflation rate which means that total supply will double roughly every 20 years. The supply after 1 year was showing up in my simulations as ~450 billion HEX, meaning it would surpass 1 trillion HEX roughly 25 years later. That’s exponential growth. You won’t be dead yet hopefully, but it’s a ways off. Additionally, you have the means to maintain or even improve your relative wealth…
https://hexicans.info/documentation/deep-dive/
Read the Laymans guide, and the deep dive staking doc. All of your answers are there. No one can ever guarantee any future price performance of any asset.
1. Product-market fit. Time deposits are a $7 trillion USD product in US and China. If HEX fits the market demand then there's no reason why it won't continue beyond the initial 5555 days. The 5555 limit is due to ethereum contract limitations 2. No definite bottom limit/support but look at circulating supply and volume locked - those whales don't want to see their bags going to zero. Also, no expectations of profit from the work of others. You hold your keys, you run the contract, you mint your own rewards 3. Good Accounting doesn't mint the HEX but stops you from incurring late end stake penalties in the event that you wish to delay a T A X-able event. Other users can also Good Account a mature stake to remove their Shares from the pool and prevent them from incurring late end stake penalties. End Stake mints the coins 4. Calculations for Emergency End Stake are in the layman's guide. Most people use staker.app to monitor. General rule of thumb is serve at least 50% of your stake to get at least the principal back. Stakes under 180 days have slightly different calculation.
Thank you very much I saved your answer.
Made some edits, Guoliang is admin and gave valuable information. We are a community. Hex.com and other resources provided explains most things
Just wanting to get back to the first answer, does it mean that the ethereum contract will create a bottleneck in 13 years from now because of this 5555 days limitation and the fact that the eth contract is immutable?
No, again, the 5555 is relative to time of stake start. Not absolute. Not sure if PulseChain will have the same limitation. Gas fees required to calculate such a calculation gets expensive anyway
pulsechain doesnt have gas fees.
Your bottleneck theory assumes everyone started a 5555 stake on day 1, which didn't happen
Yes it does. A validator will still need to perform the transaction and they still take PLS for GAS
yes but thats not eth gas fees haha. and is vertually a penny per transaction
Fractions of a penny to start with, until we see PLS value go up 😉
pulsechain is a fork of eth but its more like a mirror image. everything is the exact same. but the smart contracts linking pulsechain allow ot to run at cheaper costs etc and onboard large amounts of users without effecting the fees price. it will also help reduce the fees on eth side by significantly take a large portion of its users. it could potentially put eth gas fee to below 50% what they are today
By the way do you know if Pulse will be available on coin exchange?
percentages for trades will never go out of hand. rh would be destorying his own dream by allowing that. his revolution is to change crypto. not eventually become the same...
someone has to provide liquidity
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
Unknown. It will be hard for exchanges to ignore, but generally the founder doesn't like to play their games - sneaky deals and pay-to-play operations
The auction/bid cartel system for ETH is obviously broken and only serves to enrich miners
pulsechain still needs eth to run. its our friend not our enemy. we are here to help eth
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