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Re: On block rewards


> I'll compare with bitcoin which I guess most
> people consider the "standard" supply schedule.
> If you run the numbers, assuming you acquired bitcoin at the end of the
> first year, at the end of year 10 (which is coming fast) you will be diluted
> by a factor of 6.5. Now with a flat coin supply, again assuming you acquired
> grins after one year, the dilution factor is only 10. So compared to bitcoin
> you're diluted only about 54% more.

Another comparison point:

Assuming that 2% of coins get lost every year, then it takes
bitcoin 24 years, and grin 50 years to get to effective 0% inflation.
So again not hugely different...


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