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RE: The Case for Showing Pending Rewards in STEEM
@rycharde : This seems to be a really useful article with links to other helpful ones. As @georgeboya said I need to read it multiple times. Plus I need to understand much more about blockchain and economic fundamentals. I always hear from people STEEM is the fundamental currency here, not SBDs. But I never understood really why. There are many gaps in my understandings. I don't understand when you say APR. Even the concept of rshares are not very clear to me. But when I get time, I read about these.
The link I gave re the formulas should be helpful:
https://www.steem.center/index.php?title=Rewards:Formulas
STEEM is created through the inflation algorithm, it cannot go to zero unless a HF decides so; in contrast, SBD is only created as part, but not all, of rewards, and the print rate can go to zero. For the why of SBDs, you'd better ask @dan :-) It does seem to work on a macro level but possibly not as intended.
Thanks for the reply. I will have to learn more. You tagged Dan Larimer?? Woah!
Why, is that a crime? ;-)
Although Dan has been largely inactive the last 6 months, his father, @Stan still posts - perhaps the Graphene family needs to work together more; there are ready-made solutions to certain things, such as SMTs. Wandering slightly off-topic now.
Graphene family? I know very little about the background stories. I have heard that both bitshares and steem uses graphene tech. Nothing more than that. Yeah we are going off-topic. So maybe I should stop. :)
Some interesting, albeit old, concept-articles by Stan:
https://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics
and
https://letstalkbitcoin.com/dacs-that-spawn-dacs
Thank you for the links :)