Sorry guys i didn't know you started a new thread. i posted these on the first thread itself
i've these ideas inspired by the protoshares.
I've also taken the view of Benson about the total pop of the 7 countries
Total Population: 1726890000
Total Families : 345378000
The block reward gets reduced by 5% every 60 days(2months) - This give a gradual decrease in the supply and doesn't create any sudden stir in the market.
Scenario 1 - Approximate Money supply - 345millionblock time : 30sec
blocks per day : 2880
Block Reward : 166.6
Total Money Supply:
1 year : ~100million
2 years: ~165million
10 years: ~330 million (Blk.Rwd - 8.079)
20 years: ~344.5 million (Blk Rwd - 0.372)
30 years: ~345 million (Blk Rwd - 0.017)
Scenario 2 - Approximate Money supply - 1.726 Billionblock time : 30sec
blocks per day : 2880
Block Reward : 833
Total Money Supply:
1 year : ~502 million
2 years: ~826 million
10 years: ~1.650 billion (Blk.Rwd - 40.395)
20 years: ~1.723 billion (Blk Rwd - 1.861)
30 years: ~1.726 billion (Blk Rwd - 0.085)
here is the spread sheet for every 2months
https://mega.co.nz/#!rgBCiBTA!LDQ8G3wfcrZVtOH8gTXDk6Nse1GTBlCBRGSSTOmtXpw