The actual yearly inflation of Reddcoin -- 2015: 2.24%; 2016: 1.50%; 2017: 1.31%

Um… I just realized that it’s a piece of cake to compute the actual yearly inflation of Reddcoin. Because the only increasing factor of the total money supply is the staking reward, all we have to do is to calculate the supply difference on Jan. 1 of every year…

Hence, the results are

  • 2015: 2.24%
  • 2016: 1.50%
  • 2017: 1.31%

If you don’t believe me, the following are the raw data I got from the block explorer at

Timestamp Jan 1, 2018 12:00:45 AM
Block #2046913
BlockHash fed68b1f210876dd7b6b53874461a78307ea4e280ee2d03214ac2f5182a2a27e
“moneysupply” : 28710568315.65720367

Timestamp Jan 1, 2017 12:00:17 AM
Block #1524479
BlockHash a80162baa58ab2bc39ed0bb4b0b6d5a60af3d8c691c2e619758de15914c1a368
“moneysupply” : 28339595214.30599976

Timestamp Jan 1, 2016 12:03:03 AM
Block #1001181
BlockHash d00cc7f7f7d6c11cb818664f601f6229e02ab81e469501f49a028ddc9de44612
“moneysupply” : 27920191417.93000793

Timestamp Jan 1, 2015 12:00:56 AM
Block #478965
BlockHash 708743c74441f374dc3c6ac07c972f78d9b04c229de473c585184ab592ebde48
“moneysupply” : 27309184544.33165359

ycz for us techtards, what does that mean? =)

ycz I guess that’s just down to the amount of people staking and the amount of coins being staked, because if every single Reddcoin holder staked every single Reddcoin for an entire year, you would see very close to a 5% increase, but not everyone stakes all of their coins/any of them, some coins have been lost from circulation, etc…


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Nayoun We know that if any reddhead does staking, he or she gets around 5% annual rate for the amount he/she has. However, in practice, it’s not possible that the total amount of reddcoin supply is doing staking. Hence, the overall inflation should be less than 5%.

Many people is (kinda) scared that reddcoin has “5%” yearly inflation. (In fact, they are confused by the fixed amount of the design of bitcoin.) I was just wondering what is the actual yearly inflation and guessed that it’s way less than 5%. I thought it might be difficult to compute since the whole blockchain might be looked into… Then I suddenly realized that I was wrong. The answer’s very easy to find… and has been included in the original post.


CaffeinatedSloth Yes. I just wanted to know “what really happened in practice in the past three years.”

ycz Ahh fair enough - it’s interesting to see that the yearly percentage is less each year… I wonder what it will be like after this year…


CaffeinatedSloth Of course I hope it increases (much!) :smiley:

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