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Could PoS not be inflationary in nature?
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Topic: Could PoS not be inflationary in nature? (Read 601 times)
madmadmax
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Could PoS not be inflationary in nature?
May 03, 2014, 10:47:06 PM
Last edit: May 03, 2014, 11:11:56 PM by madmadmax
#1
Could PoS block rewards be adjusted the same way as PoW?
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telepatheic
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Re: Could PoS not be inflationatory in nature?
May 03, 2014, 10:49:25 PM
#2
I think you mean deflationary...?
Yes, PoS block rewards can be adjusted the same way as PoW.
madmadmax
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Re: Could PoS not be inflationary in nature?
May 03, 2014, 11:12:43 PM
#3
Quote from: 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.
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.
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telepatheic
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Re: Could PoS not be inflationary in nature?
May 03, 2014, 11:18:35 PM
#4
Quote from: madmadmax on May 03, 2014, 11:12:43 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/
madmadmax
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Re: Could PoS not be inflationary in nature?
May 03, 2014, 11:24:38 PM
#5
Quote from: telepatheic on May 03, 2014, 11:18:35 PM
Quote from: madmadmax on May 03, 2014, 11:12:43 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.
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Pumuckel21
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Re: Could PoS not be inflationary in nature?
December 24, 2017, 09:53:50 PM
#6
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
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jimbo2000
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Re: Could PoS not be inflationary in nature?
December 24, 2017, 10:03:10 PM
#7
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
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