I'm pretty sure HIVE also has a cap, just a much higher one due to the nature of our chain. I may be wrong, but I thought gradual reduction of generated supply was part of the plan. I should look it up in the morning if the power is back and I can use a real computer and proper internet instead of the suddenly overcrowded cell network.
Hive has no supply cap. The total inflation will theoretically peter out to 0.5% about 15 years from now (IIRC). But because up to 50% of author rewards are in HBD and because the DAO pays for proposals in HBD, there is much potential for excess inflation.
Inflation is not a bad thing on Hive. HIVE is not a store of value coin. It's currency the purpose of which is to fuel activity, although with enough activity it can appreciate quite a lot. But never confuse its value proposition with that of Bitcoin.
It drops to less than 1% and then stays there forever. Not an ideal setup for increasing the price per coin unless there is continued and sustained demand.
I'm pretty sure HIVE also has a cap, just a much higher one due to the nature of our chain. I may be wrong, but I thought gradual reduction of generated supply was part of the plan. I should look it up in the morning if the power is back and I can use a real computer and proper internet instead of the suddenly overcrowded cell network.
Hive has no supply cap. The total inflation will theoretically peter out to 0.5% about 15 years from now (IIRC). But because up to 50% of author rewards are in HBD and because the DAO pays for proposals in HBD, there is much potential for excess inflation.
Inflation is not a bad thing on Hive. HIVE is not a store of value coin. It's currency the purpose of which is to fuel activity, although with enough activity it can appreciate quite a lot. But never confuse its value proposition with that of Bitcoin.
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Agreed to some degree. HIVE needs to see constant and sustained demand in order for its price not to continue to trend down over time.
It drops to less than 1% and then stays there forever. Not an ideal setup for increasing the price per coin unless there is continued and sustained demand.