Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Xi8Bb-0006rT-In for bitcoin-development@lists.sourceforge.net; Sat, 25 Oct 2014 20:43:43 +0000 X-ACL-Warn: Received: from bouvier.getmail.no ([84.210.184.8]) by sog-mx-1.v43.ch3.sourceforge.com with esmtp (Exim 4.76) id 1Xi8Ba-0002Be-3a for bitcoin-development@lists.sourceforge.net; Sat, 25 Oct 2014 20:43:43 +0000 Received: from localhost (localhost [127.0.0.1]) by bouvier.getmail.no (Postfix) with ESMTP id B4B16408F1 for ; Sat, 25 Oct 2014 22:43:35 +0200 (CEST) Received: from bouvier.getmail.no ([127.0.0.1]) by localhost (bouvier.get.c.bitbit.net [127.0.0.1]) (amavisd-new, port 10032) with ESMTP id nTSkCvUgQ62D for ; Sat, 25 Oct 2014 22:43:25 +0200 (CEST) Received: from localhost (localhost [127.0.0.1]) by bouvier.getmail.no (Postfix) with ESMTP id D4D8540F60 for ; Sat, 25 Oct 2014 22:43:25 +0200 (CEST) X-Virus-Scanned: amavisd-new at bouvier.get.c.bitbit.net Received: from bouvier.getmail.no ([127.0.0.1]) by localhost (bouvier.get.c.bitbit.net [127.0.0.1]) (amavisd-new, port 10026) with ESMTP id yY5a0o0u-3S2 for ; Sat, 25 Oct 2014 22:43:25 +0200 (CEST) Received: from coldstorage.localnet (cm-84.208.97.23.getinternet.no [84.208.97.23]) by bouvier.getmail.no (Postfix) with ESMTP id B5F12408F1 for ; Sat, 25 Oct 2014 22:43:25 +0200 (CEST) From: Thomas Zander To: bitcoin-development@lists.sourceforge.net Date: Sat, 25 Oct 2014 22:43:22 +0200 Message-ID: <10121957.9n901UckJt@coldstorage> User-Agent: KMail/4.14.1 (Linux/3.16-2-amd64; KDE/4.14.1; x86_64; ; ) In-Reply-To: References: MIME-Version: 1.0 Content-Transfer-Encoding: 7Bit Content-Type: text/plain; charset="us-ascii" X-Spam-Score: 0.0 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. X-Headers-End: 1Xi8Ba-0002Be-3a Subject: Re: [Bitcoin-development] death by halving X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sat, 25 Oct 2014 20:43:43 -0000 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.