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Author Topic: supply of merit  (Read 565 times)
cokroalif (OP)
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December 23, 2018, 07:21:15 AM
 #1

maybe this is a silly question, but I am really curious, I searched the search site not to find an answer, maybe I should ask all the members in the right forum
1. What is the total supply of merit
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December 23, 2018, 07:29:00 AM
Last edit: December 23, 2018, 07:40:37 AM by rat03gopoh
Merited by dbshck (2)
 #2

AFAIK, No limit

If you wanna know some of the merits that have been sent so far you can check it here https://bitcointalk.org/index.php?action=merit;stats

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December 23, 2018, 07:55:38 AM
 #3

Here is a good dashboard where you can check all kinds of statistics for Merit.

https://bitcointalk.org/index.php?topic=4428616.msg39521119#msg39521119

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Zhen Zhibing
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December 23, 2018, 08:18:19 AM
Merited by dbshck (1)
 #4

1. What is the total supply of merit
There is not total supply, merit is not crypto  Smiley

New smerits (sent-able merit) are generated each month, they are given to merit source ( most active members, must have some quality required). They ( merit source) will give merit to quality posts.
Quote from theymos

Quote
If you want to be a merit source:

 1. Be a somewhat established member.
 2. Collect TEN posts written in the last couple of months by other people that have not received nearly enough merit for how good they are, and post quotes for them all in a new Meta thread. The point of this is to demonstrate your ability to give out merit usefully.
 3. We will take a look at your history and maybe make you a source.
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December 23, 2018, 10:13:37 AM
 #5

The quality of posting is/should be the main factor influencing the generation of sMerits. Merit sources have their awards replaced in 30 days, and every sMerit awarded creates the potential for almost another complete new sMerit. If post quality is low, then awarders will not be giving out as many sMerits, and the merit growth will slow. So, if you want more merits in the system, the answer is simple, increase the number of interesting and useful posts and threads. This will encourage the awarders to be more generous, and it will improve the quality of the boards.

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December 23, 2018, 12:12:44 PM
 #6

There are no total supply of merits available if Im not mistaken what we have is the merit sources currently there are 120 merit sources please refer to this link for more details-- https://bitcointalk.org/index.php?action=merit;stats=sources
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December 23, 2018, 12:32:46 PM
 #7

Currently the limit is 22055 sMerit per 30 days
https://bitcointalk.org/index.php?action=merit;stats=sources

But, if I remember correctly I read somewhere that theymos can create any number of new merits and distribute them out how he sees fit.

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December 23, 2018, 12:52:19 PM
Merited by dbshck (3)
 #8

OP is asking for Merit, not sMerit. The total Merit supply can be summed up from the data in Open scraped data of all the users - SQL Lite DB - 2.481.270 users.

As for sMerits: theymos airdropped about 600k in January, 300k sMerit has been sent, creating another 150k sMerit in the process, and sources have added at most 200k sMerit. Many accounts have been banned, which reduces the total supply again.
I would estimate around 4-500k sMerit to be available at the moment. Merit isn't scarce, good posts are!

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December 23, 2018, 01:25:02 PM
 #9


I would estimate around 4-500k sMerit to be available at the moment. Merit isn't scarce, good posts are!

This is the crux of the matter. I'm here again with 200+ sMerit to give away while I listen to Joan Baez. I'm listening to Diamonds and Rust at the moment, and all I am finding is rust. Come on guys give me some diamonds.

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December 23, 2018, 01:44:05 PM
Merited by dbshck (2)
 #10

<…>
I figure you mean sMerit, not merits really, but just in case, as @LoyceV indicated, the sum of the most recent provided dataset by @piggy add’s up to:
nUsers 2.481.270 -> Number of Merits (non-sendable) 9.209.690.

Now those are Merits (non-sendable). Sendable Merits have roughly the following context:

* Total sent sMerits: 285.312 as of last Friday (in 136.054 TXs to 25.328 people from 19.013 forum members).
* Current total sMerits sent per week (by Merit Sources and others) : In the 3.500 – 3.800 area /week.
* There are roughly 38k sMerits in the hands of forum members that have not been originated in the initial sMerit Airdrop (see re: [TOP-200] Members who have a lot of earned sMerits).
* If we include the airdropped sMerit, the sum rises to around 450k (see re: [TOP-200] Members who have a lot of earned sMerits).
* Merit Sources are capable of distributing up to 22.055 sMerits per 30 days (aside from that, users may too as indicates above).

Bare in mind that many of airdropped still available sMerits may not really be in game, as they may be in the hands of accounts that do not care for merit, are not active, have been banned, etc.

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December 23, 2018, 02:29:40 PM
 #11

Theymos can generate as many as needed.

The real question is how many good posts do we have!
More good posts = More merits (sMerits(1/2 sent Merits) + generated by Theymos).

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kingpin4321
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December 23, 2018, 02:56:54 PM
 #12

Well I must say I don't think that the total supply of merit should be of importance keep doing your part by been constructive and educative in your post count the forum will continue to do there part to genuinely see that merit are distributed to members
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December 25, 2018, 01:05:06 AM
 #13

Taking the data  from  from https://bitcointalk.org/index.php?action=merit;stats=sources that shows currently there are 22055 source sMerits are available

and putting this number to Number of Merits generated (mathematically) there should be 44108 merits should flow every month assuming every body is not hoarding any sMerits and all the previous airdropped sMerits are exhausted.



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December 25, 2018, 08:24:29 AM
 #14

There is no exact total supply of merits in this forum where theymos can change the total of merit that will be dustribited to merit sources to reward contributors in the forum. If you take the data of the merit sent then you'll probably the the current supply of merit. Take note that total supply will change if theymos decide to increase it or decrease.

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friends1980
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December 25, 2018, 09:18:23 AM
Last edit: December 25, 2018, 09:29:04 AM by friends1980
 #15

maybe this is a silly question, but I am really curious

In life, there are no silly questions, my friend, only silly people.


I would estimate around 4-500k sMerit to be available at the moment. Merit isn't scarce, good posts are!

This is the crux of the matter. I'm here again with 200+ sMerit to give away while I listen to Joan Baez. I'm listening to Diamonds and Rust at the moment, and all I am finding is rust. Come on guys give me some diamonds.

What a funny coincidence. I was listening to Prince's Diamonds and Pearls. No pearls found either tho.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
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December 25, 2018, 07:55:10 PM
Merited by OgNasty (1)
 #16

Hopefully Santa will bring me some merit this year, ho ho ho.
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December 26, 2018, 02:13:07 AM
 #17

This is the crux of the matter. I'm here again with 200+ sMerit to give away while I listen to Joan Baez. I'm listening to Diamonds and Rust at the moment, and all I am finding is rust. Come on guys give me some diamonds.
I feel your "pain"... I have like 100+ sMerit waiting for a good home. Sadly, all I see are people posting on dead threads, posting on megathreads, posting reworded answers given by the 10 people posting before them and posting questions about merit Roll Eyes

Maybe I am just looking at the wrong boards? Huh

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December 26, 2018, 04:28:04 AM
 #18

This is the crux of the matter. I'm here again with 200+ sMerit to give away while I listen to Joan Baez. I'm listening to Diamonds and Rust at the moment, and all I am finding is rust. Come on guys give me some diamonds.
I feel your "pain"... I have like 100+ sMerit waiting for a good home. Sadly, all I see are people posting on dead threads, posting on megathreads, posting reworded answers given by the 10 people posting before them and posting questions about merit Roll Eyes

Maybe I am just looking at the wrong boards? Huh

There is always hope on Christmas.  Merit is as hard to find as Santa.  Hopefully everyone is out spreading good cheer and enjoying time with the people they care about.  It has been one of the better Christmas Holidays for me.  No drama and time to do the things I love.  Can't ask for much more.

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December 26, 2018, 04:48:52 AM
 #19

Merit is as hard to find as Santa. 

Not quite. It has been calculated above that there are a couple hundred thousands sendable merits, and while some might be stuck in banned and inactive accounts, there is still a large amount in circulation.

Just keep contributing with helpful content.
And also check out the merit give aways available to newbie accounts.

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December 26, 2018, 05:16:43 AM
 #20

Merit is as hard to find as Santa.

Not quite. It has been calculated above that there are a couple hundred thousands sendable merits, and while some might be stuck in banned and inactive accounts, there is still a large amount in circulation.

Just keep contributing with helpful content.
And also check out the merit give aways available to newbie accounts.

Didn't realize there were merit giveaways, thank's for the tip.  Happy Holidays.

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