Subject: Re: [Bitcoin-development] death by halving

From: Thomas Zander <[email-masked]>
Date: Sat, 25 Oct 2014 22:43:22 +0200

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.