Deflationary Blurt

in blurt •  3 years ago 

1.432 Blurts a second. Thats roughly how much Blurt is created each and every second. With a 3 second blocktime, it means that about 4.3 Blurts are created each block.
In order for Blurt to get deflationary, we just need enough transactions to burn that much Blurt every single block. While we aren't there yet, if we do hit that point, I see the price of blurt going a lot higher than it is at now because the demand for Blurt will be higher than what's produced.

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  ·  3 years ago  ·  

Now I see what you are trying to do ;)

  ·  3 years ago  ·  

Lots of benefits to fee burning.