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RE: Weekly update on HF 24

in HiveDevs4 years ago

The DHF is a relatively small part of Hive's overall supply increase. Even though I agree there are plenty of funds there now (or would be, if the Hive there was converting to HBD, something that may not even happen with this release), I think it's important to have that little bit of long term inflation, so that there's an implicit promise that there will always be funding for development. More to the point, I don't think changing this factor will really make any real positive difference.

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Thanks for the reply.
True the DHF is only 10% of the overall inflation. We can start there, maybe not cut it in total, and later move to the other reward pools, author/curation. For example if we cut those in half now (after smt?), we will be around 5% real inflation (hbd conversions included), that is standard for most top cryptos.

The next 5÷6 years have the higher inflation in absulute numbers, and will add somewhere around 175M hive in circulation.

To offset this supply we will need some growth :). Sometimes cuting down inflation can jump start growth. Bitcoin halving prime example.

But nothing guarantied.