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Bitcoin => Bitcoin Discussion => Topic started by: madmadmax on May 03, 2014, 10:47:06 PM



Title: Could PoS not be inflationary in nature?
Post by: madmadmax on May 03, 2014, 10:47:06 PM
Could PoS block rewards be adjusted the same way as PoW?


Title: Re: Could PoS not be inflationatory in nature?
Post by: telepatheic on May 03, 2014, 10:49:25 PM
I think you mean deflationary...?

Yes, PoS block rewards can be adjusted the same way as PoW.


Title: Re: Could PoS not be inflationary in nature?
Post by: madmadmax on May 03, 2014, 11:12:43 PM
I think you mean deflationary...?

Yes, PoS block rewards can be adjusted the same way as PoW.

The title says NOT inflationary.

Could you link me to a whitepaper describing the working of deflationary PoS blocks? Seems that most don't offer an actual solution but are rather cheap "hacks" which are all easily exploited.


Title: Re: Could PoS not be inflationary in nature?
Post by: telepatheic on May 03, 2014, 11:18:35 PM
The title says NOT inflationary.

Sorry I read it as "Couldn't PoS be inflationary in nature?" instead of "Could PoS be not inflationary in nature?"

Read Myth 10 on this page http://peercoinmyths.com/


Title: Re: Could PoS not be inflationary in nature?
Post by: madmadmax on May 03, 2014, 11:24:38 PM
The title says NOT inflationary.

Sorry I read it as "Couldn't PoS be inflationary in nature?" instead of "Could PoS be not inflationary in nature?"

Read Myth 10 on this page http://peercoinmyths.com/

The bottom line is a 2% yearly inflation or whatever number of inflation they set it to is inflationary in nature versus PoW-like linear creation of coins. While the adoption rate might catch up with the inflation thereby driving the price down.


Title: Re: Could PoS not be inflationary in nature?
Post by: Pumuckel21 on December 24, 2017, 09:53:50 PM
of course pos can be iflationary. For example look at these pos coins with an roi of 10000 % or more they are decreasing in value very fast cause the amount is increasing


Title: Re: Could PoS not be inflationary in nature?
Post by: jimbo2000 on December 24, 2017, 10:03:10 PM
Anything that increases supply is inflationary. The challenge is in getting inflation to a level which is sustainable and manageable, POS should be far better suited to that than POW