The initial distribution of POB lasts 4 years. Like Bitcoin, for the first 4 years, 50 tokens will be issued every 10 minutes. The difference is it's obviously not PoW, the only way tokens enter circulation is through PoB rewards to content creators and curators.

Initially only @proofofbrainio was issued one token and staked it to begin rewarding posts with POB. Now distribution is beginning to spread out with more curators after the first payouts.

I agree that the flaw/exploit was avoidable and caused by negligence at an extremely fragile time. this was my post about it - @proofofbrainio/over-32k-pob-for-one-self-voted-comment