RE: Hard Fork 28, Stick a fork in it; It's Done!
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I don't understand what inflation is, and I don't understand why total rewards decrease; everything else is clear to me. Could you explain it more simply?
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Hive Token Inflation:
There is a daily amount of Hive tokens the blockchain prints and hands out as rewards to content creators, witnesses. Because of the changes implemented by hard fork 28 there is less Hive Tokens printed daily thus cutting back on the Hive Tokens inflation. Printing more Hive Tokens equals higher inflation. Printing less Hive Tokens equals less inflation.
So, will there be fewer cures? Will they be limited? And how is that determined? Because each user is supposed to have voting power that they use.
New system
Each Hive account is limited to 50 votes at max mana capacity. Every 100% vote gives the max possible rewards for ones stake regardless of mana power (unless at 0%). This is true for all weighted votes. Ex. 50% vote will give 50% of your possible max vote. At 50% vote power someone with max mana available can vote 100 times before depleting to 0% mana.
Old system
Previously rewards attached to ones weighted vote got smaller with each additional vote casted until mana was refilled. That is no longer the case.