Logging Block Reward Over Time

[M44FFW]

Just been using some of the images above and mapped out the emission curve in Excel. Each block seems to be 99% of the block before and therefore we have the following stats to look out for. Please note, I could be a day or two out in these predictions

• 31st December 2019 ~5400 per block, 3.9m per day
• 29th December 2020 ~3200 per block, 2.3m per day
• 28th December 2021 ~1900 per block, 1.37m per day

Key Dates:

• 21st March 2023 - Less than 1,000 per block
• 10th August 2027 - Less than 100 per block
• 30th December 2031 - Less than 10 per block
• 20th May 2036 - Less than 1 per block
• 9th December 2053 - 0.0001 per block

[BigBrother305]

Lol. You did all the work I wanted to do but dreaded the thought of doing. THANKYOU!

[gjfrom]

I don’t think those calculations are correct. ETN approximately halves every year

So 4/10/2020 would be a block reward of about 3953
(Doing the calculations it looks like it would actually be around 5/10/2020 to halve)

[M44FFW]

It’s amazing what you can do if you’re bored at work!!

[M44FFW]

I don’t know about any halving. I used the stats above with the weekly block reward figures from 7th August onwards and taking that first figure and multiply it by 0.99 every week since, the difference is just a handful of ETNs - less than 10 I think up to today.

To halve each year is a 5% monthly reduction.

[FatFit]

I hope the team do something regarding the block reward soon. It is simply too much compare to other coin block reward and comparing to the rate of adoption . Market is currently flooded with over supply of ETN, causing investor to lose interest in the coin . It is a viscous cycle , when not address may spiral out of control before any serious adoption can happen .

[PrestoCrypto]

[BigBrother305]

April 26, 2019

[BigBrother305]

@PrestoCrypto I have a feeling the reward os going at just the right pace for adoption. Get a bunch of ETN in to people around the worlds hands while cheap and in a year or two price goes up due to much lower supply.

[Storm]

that’s a nice drop in reward now

[PrestoCrypto]

The more coins in more holders and users hands the more decentralized imo. The abundance of coins currently is a blessing in disguise. Long term holders see this and are taking advantage. Do your own research, this is not advice (not directed at you @BigBrother305 )

With 10m users with the total supply this is only 2,100etn each

This is not considering that it will take years to reach the total supply. With less than the total supply available the amount of Etn is even less.

Now considering one of my other topics the amount of supply available will be even less because of demand (top ups. Gig guru, ecommerce)

Thinking About A Fully Established Electroneum Ecosystem

Interesting thought I had today, of the day Electroneum reaches a fully developed ecosystem. So this is my thought. Once Electroneum has all these different sectors of the ecosystem in place (gig, Mobile deals, commerce), there will be a required amount of coins needed in the ecosystem. What I mean by this is, let’s take for instance the gig economy. Once established if there are let’s say 2 million users using the gig ecosystem, if each user makes 5 usd a day that …

Thinking About A Fully Established Electroneum Ecosystem

Now with the launch of our first live deal we have some numbers to work with. In this example I will use the smallest data pack that is available to be purchased in Etn which is roughly 100 Etn. With 5,000 users buying 1 pack of data a week this creates 500,000 Etn needed a week for that part of ecosystem. With 50,000 users buying 1 pack it creates 5,000,000 Etn needed weekly Keep in mind this is users buying 1 of the cheapest packs a week. If users buy larger packs this number of Etn needed…

Once the demand is there the supply will be also.

Onwards and upwards

[BigBrother305]

I see it man. Sometimes people make us feel crazy but what if we actually got it right. Haha

[PrestoCrypto]

We see the vision and potential the future may bring. Electroneum is set to change the world imo. What if we are only seen as crazy because we are not crazy. It would be crazy imo not to think it would work imo.

Our time will come and we take this journey together, all around the world

We are Electroneum

[PrestoCrypto]

[PrestoCrypto]

May 4th 2019

[PrestoCrypto]

Less than 5,509,620 Etn mined today

[KarEnTam]

Wow, thats a lot less

[BigBrother305]

@PrestoCrypto We’re the super block reward brothers. Lol

[PrestoCrypto]

We’ll be watching these Block reward deductions together for awhile
I already think it’s interesting and exciting I can’t wait to watch in the years to come

[BigBrother305]

Monero tells quite the emmissions story.