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RE: HF19 is Steem's rocket to the moon!

in #steemit8 years ago

Rocket to the moon! Fundamentals skyrocketing now, price following soon i hope. Can someone tell me if the inflation increased too? Or has only the way how it gets distributed changed?

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There is no increased Steem inflation after Hard Fork 19, although the system is printing much more SBD. This may impact the value of the SBD in the days/weeks ahead, but this is no problem as it's currently to high (about $1.50).

Here is the Steem supply of the last 5 days:

  • June 19 07:40 UTC - 250,655,290
  • June 20 07:00 UTC - 250,697,528
  • June 20, Hard Fork 19 at 15:00 UTC.
  • June 21 07:00 UTC - 250,723,099
  • June 22 07:00 UTC - 250,738,816
  • June 23 07:00 UTC - 250,762,164

Wow thats nice, so that means it is sustainable!

Won't the steem supply pick up 7 days after the hard fork? My thought wa the reward pool is draining and so when that steem hits accounts it should lift inflation.( this will be reversed after reward pool stabilizes)

It may be a problem when the system is forced to adjust payouts when the pool is getting low. We're experiencing a spending surge which will be followed by forced austerity...