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RE: Introducing Proof of Brain Token (POB) – Whitepaper

in Proof of Brain4 years ago (edited)

It is very much like Bitcoin's issuance. In the first four years half of all coins to be created will have been created. Then there is a very long tail of rewards. In total 142 years. In total 6,569,999 a century and a half from today.

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I was speaking only of the issuance. Other qualities are different of course.

Actually, after reading your post I changed the issuance to match Bitcoins. I'm a little embarrassed that I hadn't done all the math and hadn't realized that it would leave so many tokens unissued. Anyway, I think it is better now for making it exactly like bitcoins. No point in reinventing the wheel.

I agree with this change. There is something elegant about having a token that follows the exact supply curve as bitcoin, albeit on a 12-year lag.

It allows folks in the future to ask themselves, "How does this compare to bitcoin?" as it is today and as it was 12 years ago.

Makes valuation comparisons easier and more straightforward.