what is maximum supply???
Any admins?👆🏽👆🏽👆🏽
Hello!! Please read this 👇🏻👇🏻 - The max supply of SOL is theoretically infinite because of inflation. Inflation is currently ~5.25% or so. But it will gradually reduce over time, and in 10 years or so will hit its eventual final value of 1.5% per year. So 1.5% new SOL will be created every year at that point forever thereafter. However, there is also token burn, because 50% of all transaction fees are burned. So it will be a balance of inflationary force (inflation) against deflationary force (burn) and what the effective inflation or deflation will be is anyone's guess. However, it will land at something less than 1.5% per year max because the eventual value will be 1.5% minus burn. - Solana has a deflationary issuance schedule starting out at 8% for the first year and decreasing by 15% until it reaches 1.5% after around 11 years, from which point on it will remain constant. Inflated SOL supply is distributed to those staking (95%) with a small portion going into a treasury to fund development of the Solana ecosystem (5%). Solana transaction fees are paid in SOL and burnt. "
Ok. I understand. Is this network decentralised and secured like ethereum???
#Solana Is 100% open source and decentralized. ❤️ You can explore the run-through of core innovations around Solana. https://medium.com/solana-labs/7-innovations-that-make-solana-the-first-web-scale-blockchain-ddc50b1defda
Are nodes centralised or decentralised?
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