YODL on Nostr: Am I the only person surprised by the conclusion that far enough out, with reasonable ...
Am I the only person surprised by the conclusion that far enough out, with reasonable assumptions, supply is independent of starting amount and only a function of emission and average loss rate? Not arguing with the math, just surprised.
Of course, I'm sure people have debated the assumption that lambda is constant. I could imagine an argument for it shrinking over time, maybe more careful custodians become the norm, who knows?
Also I guess we're ignoring the related topic of mining environment/incentives between scenarios 1 and 2. Option 2 feels nicer to me, but could be my bias for upholding the spirit of original code.
Published at
2025-06-09 00:03:12Event JSON
{
"id": "3546cbc9ec411e03126d2f620bdcfbc4268fdab82911928db47958c827c486cb",
"pubkey": "d28413712171c33e117d4bd0930ac05b2c51b30eb3021ef8d4f1233f02c90a2b",
"created_at": 1749427392,
"kind": 1,
"tags": [
[
"e",
"453e32af058777521b093e59701d0dfffd6a6cbc5ca296e6b4926fefd5b3281c",
"",
"root"
],
[
"p",
"675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728"
]
],
"content": "Am I the only person surprised by the conclusion that far enough out, with reasonable assumptions, supply is independent of starting amount and only a function of emission and average loss rate? Not arguing with the math, just surprised.\nOf course, I'm sure people have debated the assumption that lambda is constant. I could imagine an argument for it shrinking over time, maybe more careful custodians become the norm, who knows?\nAlso I guess we're ignoring the related topic of mining environment/incentives between scenarios 1 and 2. Option 2 feels nicer to me, but could be my bias for upholding the spirit of original code.",
"sig": "2158c660d006c89be620416939b0fa0b5e0dd361498bc5145c33a345cb43b3f4f372fc4525d763c969ba69828d56bcdc88cd6f1ad8a383f1f5f625af74ced80e"
}