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RE: Is the STEEM supply growth rate approaching a turning point?

in #programming • last year

Sorry, but I haven't had time to go into your puzzle yet.
So far I have been able to identify the following points that could be responsible for the deviations. Perhaps we can check this out in parallel.

  • In the code, the basis for the new STEEM is the virtual_supply. I guess you used the current_supply.
  • Only the top witnesses get 461 VESTS. The reserve witnesses get around 2306 VESTS.
  • Some calculations in process_funds are still giving me a headache at the moment, especially with regard to the witness-rewards. I need to do a little more work on that.
last year in #programming by
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     last year (edited)

    Ah, you're right on this point, too:

    In the code, the basis for the new STEEM is the virtual_supply. I guess you used the current_supply.

    I got it from here, and I thought they were giving virtual supply, but looking now it's actually the current supply. (So now the question is, how do I get the virtual supply number from Dec. 6, 2016...)

    Update:

    Found it from November 27, 2016: 240,587,032.201. So, I'll estimate it at 243,000,000 for now.

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     last year 

    Is there a reason to start from Dec 6 2016 rather than from whatever the current stats are?

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     last year 

    Not really. Just curiosity. I'll update the top-level post with a new estimate starting from December 6, and a new estimate starting from today.

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     last year 

    Ah... Thanks! this was most of it.

    Only the top witnesses get 461 VESTS. The reserve witnesses get around 2306 VESTS.

    I knew that once, but forgot this morning.

    I changed the vests per block to (20 * 461 + 2306)/21, and here's what I get...

    image.png

    So that gets it within 400 STEEM. Good enough for government work. ;-)

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     last year 

    Good enough for government work. ;-)

    Ah, so that's how it works ;-))

    I changed the vests per block to (20 * 461 + 2306)/21, and here's what I get...

    If you use all decimal places for the witness vests, the difference becomes even smaller.

    89.824,563429

    (for all non-government services ;-)