High POS HBN-CAP-TEK-HYP Inflation update
So how are we doing inflation-wise in October? Are thing evolving as expected or not?
First HBN, 100% POS with POW.
Date block supply Inflation
1-6-2014 898413 4629448 12,7%
1-7-2014 988559 5068546 9,5%
1-8-2014 1080369 5521192 8,9%
1-9-2014 1173120 5985846 8,4%
1-10-2014 1262548 6467925 8,1%
1-11-2014 1357005 6990000 8,1%
I couldn't catch the exact supply and rely on Tranz's estimation. It shows the lowest inflation of all which is quite stable as well. October shows no decrease though. Could be because staking efficiency has improved a bit since splitting and recombining level is raised to 5/10. Could also be because October has 31 days
. We'll see what next month brings!
CAP, 200% POS with POW
Date block supply Inflation
1-6-2014 476848 3680285 7,6%
1-7-2014 519426 4046888 10,0%
1-8-2014 565946 4812616 18,9%
1-9-2014 613331 5583618 16,0%
1-10-2014 662054 6367469 14,0%
1-11-2014 713617 7311008 14,8%
Quite steady as well, as mentioned before, rates rised after 4-7 hard fork but decreased al little soon after. Now we see a little increase. We have to await until next month to see if it's a new trend or not.
TEK, 500% POS with POW
Date block supply Inflation
1-6-2014 382532 986066 37,9%
1-7-2014 425505 1349745 36,9%
1-8-2014 469608 1830289 35,6%
1-9-2014 514595 2113023 15,4%
1-10-2014 569714 2421990 14,6%
1-11-2014 621243 3138853 29,6%
As expected, TEK almost returned to pre-fork levels once more. The after-fork-simultaniously-staking pressure brought down the stake percentage quite strong but only temporarily as it now seems. It likely to assume that next month the inflation level is up and above 30% again.
HYP, 750% POS, no POW
Date block supply Inflation
1-8-2014 44901 10557791 24,4%
1-9-2014 74355 14826453 40,4%
1-10-2014 103019 22309537 50,5%
1-11-2014 132376 34665433 55,4%
Last month shows an increase of the inflation of HYP. It only means the staking is getting more and more efficient and produces a stake ever closer to 1000 which is the max stake for this coin. Since the stake percentage isn't decreasing with stake weight, it's fair to assume that inflation will eventually level out and then decrease much like a POW-coin with a 1000 block-reward. The thing that really surprises me though, is the absence of strong price-erosion due to this enormous inflation thus producing an impressive market cap. A most interesting experiment indeed.