Bridges&Boats on Nostr: I have to disagree. It is a coincidence. 2016 is just the number of 10 minute blocks ...
I have to disagree. It is a coincidence. 2016 is just the number of 10 minute blocks in 2 weeks. 6x24x14=2016
21,000,000 isn't special either, it's just the end result.
210,000 (blocks in a halving epoch) fit nicely into 4 years because it's about 100 difficulty adjustments (104.16). If you start with 50 BTC/block for 210,000 blocks and then do a halving every 210,000 blocks after that then you'll end up with 21 million no matter how many decimal places you have. If a sat was 10^-12 instead of 10^-8 we'd still only end up with 21 million BTC but the last block would be mined in 2192 instead of 2140
If the first halving epoch was 100 BTC we'd all be worshiping the number 42 instead of 21
#mathisbeautiful
21,000,000 isn't special either, it's just the end result.
210,000 (blocks in a halving epoch) fit nicely into 4 years because it's about 100 difficulty adjustments (104.16). If you start with 50 BTC/block for 210,000 blocks and then do a halving every 210,000 blocks after that then you'll end up with 21 million no matter how many decimal places you have. If a sat was 10^-12 instead of 10^-8 we'd still only end up with 21 million BTC but the last block would be mined in 2192 instead of 2140
If the first halving epoch was 100 BTC we'd all be worshiping the number 42 instead of 21
#mathisbeautiful