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RE: Steemit Economic Changes - Now vs. November 16th Fork

in #steemit8 years ago

Thanks for that point. I did all the STEEM calculations based on the STEEM now (that I could source) vs. new. What it is now (400), 9.5% of that (38). The 9.5% is from 100% of current amounts. This could throw off the calculations if the current amount 400 is 160%, then 9.5% would be 23.75 of 400, instead of 38 of 400 STEEM. Everything else would also change. I assume the 400 per minute that was posted on a steem.io page months ago represents the default creation amount that is still in place.

I don't have any other numbers to go on as to what is the current rate per minute. That 400 is 100% of what is now, and I understood the change to be 9.5% of what is now, which could be wrong. Sorry everyone if my calculations are off. I was going off of simplistic 100% easy math.

Maybe the 9.5% is of the 160%, but that would also indicate a different per minute creation rate from 400 as it was originally before it was 160%. So since my calculations are made from the 400 figure, assuming that is prior to the assumed 160%, then the calculations still hold true even if the per minute rate is changed to reflect the 160%, all the other calculations would come down to the same amount.

400 / minute at 100% is 640 /minute at 160%. Meaning 9.5% of 400 at 100% = 38, and 9.5% of 640 at 160% = 38. Same thing when weights are applied with the adjusted per minute rate. There is a lack of information for me to confirm. Someone who knows more would have to do that. Sorry. Thanks for bringing up the issue. Peace.

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haha, my head hurts. ;)

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