Hey Sandro, There is no max supply for Casper
So you can just mint new coins whenever? The supply went up quite abit fairly recently did it not? How's does that all work? Thanks!
Pre public sale . They told us that max supply will be 10 b . But they changed plan later and now max supply is unlimited . Which is only negative :/
Casper is an inflationary layer 1 blockchain. The inflation rate is currently 8 percent per year and this inflation rewards the validators and the delegators on the Casper network. There have been several unlocks from the public sale with the final distribution of options 1 and 4 on august 28th. You can find more about the tokenomics here - https://coinlist.co/casper
This is totally incorrect Faisal. Mainnet genesis started with 10 billion CSPR.
Which sucks for those that bought in early. Because the more they print the more it devalues the coin. Due to the recent printing, it's brought it down to the third option for the pre-sale which is .3c
I guess so . There is 8% increase every year . So around 12 years it will 20 b I guess
How's that any different than fiat.. lol
I was in public sale . And read all the white palates and there tokenomics. It was every where 10 b .
The inflation rate could be changed by community decision once a year normally. Probably when the validator portal will launch
I don’t know much . But that’s the only negative side in my opinion.
So it could go to 20 % also haha 😆
You didn't read correctly then :) How would you pay the validator without inflation. Casper still has the lowest inflation among the other PoS network btw
Why would the community would vote for 20% if they already think 8 is too much ? :)
So I am wrong haha but I am with project before the public sale . Since feb 2021 . And I never read any where they wrote that max supply will be unlimited . Every where was written 10 b . Probably you have more eyes than me
Almost the same time :) so yeah I guess
But you are saying the max was originally 10bn, and now it's unlimited? I was not apart of the pre-sale.. Curious.
that's impossible you need inflation in a PoS network to pay the validators and delegators who stake to secure the network.
I was and as far as I understood . There was 10 b .
I think you’re confusing max supply and total supply at Genesis. The total supply at Genesis was 10b. Seigniorage is part of the design for any proof-of-stake protocol. No PoS will have a “max supply”.
Agreed could be . But there was no where written about max supply will be unlimited.
Doesn't Cardano have a max supply of 100 billion? I am confused, as I am relatively new to all this haha
There was no mention of “max supply” at all, because the concept doesn’t exist in Proof-of-Stake protocols with seigniorage.
Decentralize ones need inflation to be sustainable. So that the network can keep on running Centralize one doesnt really need inflation
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