public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Thomas Zander <thomas@thomaszander•se>
To: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] death by halving
Date: Sat, 25 Oct 2014 22:43:22 +0200	[thread overview]
Message-ID: <10121957.9n901UckJt@coldstorage> (raw)
In-Reply-To: <CALqxMTGWXkL3wPSVSDr7=R5KsSiHpwjXQO-k+EEk8KvLePv0rQ@mail.gmail.com>

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.



  reply	other threads:[~2014-10-25 20:43 UTC|newest]

Thread overview: 29+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-10-25 18:06 Alex Mizrahi
2014-10-25 18:12 ` Jeff Garzik
2014-10-25 18:22   ` Alex Mizrahi
2014-10-25 18:31     ` Jeff Garzik
2014-10-25 19:08       ` Alex Mizrahi
2014-10-25 19:16         ` Gavin Andresen
2014-10-25 19:53           ` Alex Mizrahi
2014-10-25 21:50             ` Melvin Carvalho
2014-10-28 20:17           ` Ferdinando M. Ametrano
     [not found]             ` <CAAS2fgSiz-XRVQ4V+KbrTUWG4=g=WGf8c-pF4b4fFnfyU9HOqQ@mail.gmail.com>
2014-10-28 20:36               ` [Bitcoin-development] Fwd: " Gregory Maxwell
2014-10-28 20:57                 ` Alex Mizrahi
2014-10-28 21:19                   ` Jérémie Dubois-Lacoste
2014-10-28 21:43                     ` Gregory Maxwell
2014-10-28 22:43                       ` Ferdinando M. Ametrano
2014-10-29 14:34                         ` [Bitcoin-development] Death by halving (pro-active proposals) Sergio Lerner
2014-10-29 17:25                           ` Jeff Garzik
2014-10-28 21:23                 ` [Bitcoin-development] Fwd: death by halving Ferdinando M. Ametrano
2014-10-28 21:34                   ` Neil
2014-10-28 21:44                     ` Ferdinando M. Ametrano
2014-10-28 22:00                       ` Thomas Zander
2014-10-28 22:38                         ` Ferdinando M. Ametrano
2014-10-28 21:57                     ` Christophe Biocca
2014-10-25 20:27 ` [Bitcoin-development] " Adam Back
2014-10-25 20:43   ` Thomas Zander [this message]
2014-10-25 20:28 ` Thomas Zander
2014-10-25 20:49   ` Alex Mizrahi
2014-10-25 21:51     ` Alexander Leishman
2014-10-25 22:10 ` Ross Nicoll
2014-10-25 22:42   ` Melvin Carvalho

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to=10121957.9n901UckJt@coldstorage \
    --to=thomas@thomaszander$(echo .)se \
    --cc=bitcoin-development@lists$(echo .)sourceforge.net \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox