Btw, your math is off.
Disagree.
I can't figure out what youre doing
If you do not understand some math, then it is illogical to claim it is incorrect.
beccause its so convoluted
I believe your unnecessary involvement of vests is convoluted.
HEre is the correct way to figure debasement.
Disagree.
so where X is the % SP we hold initially, the new total amount of SP will be
X+100
Incorrect. Only 95% of the new supply created is assigned to SP. The other 5% is assigned to SD (aka SBD).
However, in addition to the SP supply doubling, the amount of total vests has increased by 10%
You appear to be highly confused. The SP doesn't necessarily double. It depends on the ratio of SP to non-SP, since their sum is the money supply and 95% of the money supply is created as SP.
I won't bother to unravel the rest of your confusion. Please try to take the time to understand my math. I will try to explain it more in Part 2. I think you unnecessarily complicate your understanding by trying to think in terms of vests, which afaics is entirely unnecessary as illustrated in my math.
I do understand the math. The correct math. Yours is incorrect. because you explain it so poorly, with a bunch of scammy sounding double talk, i can't figure out precisely where youre going wrong, but its somewhere. *
You are correct that the SP doesnt necessarily double. If you read the statement you quoted, i do not claim it doubles. It would only exactly double when X (the percentage of steem held in SP) is 100.
Your thesis is easily disproven by an analysis of the actual numbers on steemd.
*EDIT i figured out where see my other comments.
I wrote if you don't understand my math, then it is illogical to claim it is incorrect. Until you can be specific on the mistake in my math, then you are just speculating (which is not math).
I didn't go to your blogs and insult you claiming your math is wrong and being unable to proof mathematically and show where the mistake is.
If you will (especially amicably) clearly explain for everyone, then that will be helpful and appreciated. But lazy accusations create animosity.
@sigmajin at this point you are creating useless noise. See the bolded italic text in my other reply. I am not going to reply further on your attempts to obfuscate by throwing undefined terminology and walls on irrelevant minutia verbiage all over the map. My model is per the white paper. And it is correct.