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Chain Parameters

Inflation

Don't know how inflation parameters work? This article explains it for Cosmos' blockchain.
  • Inflation initial = 2.8% per year
  • Inflation minimum = 2.8%
  • Inflation maximum = 10%
  • Inflation change rate = 10%
  • Bonded goal = 67%
Inflation is infinite until decided otherwise by on-chain governance. This means that the larger your stake is in the BitCanna network, the more say you have in changing the chain parameters by voting. This is a big change in regards to our previous network; 420M is practically no longer the MAX supply, but theoretically could be as a result of on-chain voting.

Staking

Don’t know what staking is? Head here.
  • Unbonding time = 14 days
  • Max validators = 100
  • Gas price = 0.001ubcna*
*Don't know what ubcna is? Read all about it here.

Slashing

Don’t know what slashing is? Head here.
  • Jailing after failing to sign blocks for consecutively = 24 hours
  • Balance slashing for downtime = 0.5%
  • Balance slashing for double signing = 5%
  • Jail duration = 600 seconds
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Inflation
Staking
Slashing