Thomas Zander [ARCHIVE] on Nostr: 📅 Original date posted:2014-10-25 📝 Original message:On Saturday 25. October ...
📅 Original date posted:2014-10-25
📝 Original message:On Saturday 25. October 2014 13.27.30 Adam Back wrote:
> - alternatively you might say why not 1/100th reward reduction per 2
> week period rather than 1/2 every 4 years, a difficulty retarget could
> be a convenient point to do that.
mining equipment has a much shorter lifetime than 4 years, so the halving
makes it easy to base purchases on.
Also, divide by two is the cleanest way to get to zero after a specific amount
of divisions.
📝 Original message:On Saturday 25. October 2014 13.27.30 Adam Back wrote:
> - alternatively you might say why not 1/100th reward reduction per 2
> week period rather than 1/2 every 4 years, a difficulty retarget could
> be a convenient point to do that.
mining equipment has a much shorter lifetime than 4 years, so the halving
makes it easy to base purchases on.
Also, divide by two is the cleanest way to get to zero after a specific amount
of divisions.