How does Dogecoin's supply inflation rate change over time?

Dogecoin's supply inflation rate changes over time due to its unique block reward structure and issuance schedule. Unlike Bitcoin, which has a capped supply of 21 million coins, Dogecoin has a continuous and uncapped supply. Here's how Dogecoin's inflation rate evolves over time:

1. **Initial Phase (2013-2015)**: During the initial phase of Dogecoin's existence, the block reward was set at a fixed rate of 10,000 DOGE per block. This resulted in a relatively high inflation rate, with millions of new Dogecoins entering circulation each day.

2. **Halving Events**: Similar to Bitcoin, Dogecoin has periodic halving events that occur approximately every four years or after a certain number of blocks are mined. During these halving events, the block reward is reduced by half, effectively decreasing the rate of new coin issuance and slowing down the inflation rate.

3. **Gradual Decline**: Over time, as more blocks are mined and halving events occur, the rate of new coin issuance gradually declines. This leads to a decreasing inflation rate, as the supply of new Dogecoins entering circulation diminishes over time.

4. **Long-Term Inflation**: Despite the decreasing inflation rate, Dogecoin's supply continues to inflate indefinitely, albeit at a decreasing rate. This results in a long-term inflationary trend, where the total supply of Dogecoins continues to increase over time.

5. **Dynamic Adjustment**: Dogecoin's inflation rate is not fixed and can vary based on factors such as network hashrate, mining difficulty, and block time. The dynamic adjustment mechanism ensures that the rate of new coin issuance remains relatively stable over time, even as halving events occur and the supply approaches its maximum limit.

Overall, Dogecoin's supply inflation rate changes over time due to its continuous issuance schedule and periodic halving events, leading to a decreasing but ongoing inflationary trend.