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

Last modified 1yr ago