On the steem blockchain, one block happens about every 3 seconds which translates to about 28,800 a day. If we times this by 365.25 to get the amount of blocks per year, plus taking 0.25 as addition for a leap year, then we get 10,512,000 blocks being passed per year, meaning that it will take 21 years for the 0.95% inflation rate to be reached
Pls can you point out the mistakes
i don't think there is any but if you think so, point them out for us, so that we can learn, thank you
On the steem blockchain, one block happens about every 3 seconds which translates to about 28,800 a day. If we times this by 365.25 to get the amount of blocks per year, plus taking 0.25 as addition for a leap year, then we get 10,512,000 blocks being passed per year, meaning that it will take 21 years for the 0.95% inflation rate to be reached
thanks
That's the perfect information provided by you.