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2023-07-30 14:29:10

plebplebpleb on Nostr: #bitcoin #plebchain #asknostr Is there any reason behind certain number below? 1. ...

#bitcoin #plebchain #asknostr

Is there any reason behind certain number below?

1. Block reward start at 50 BTC
2. Halving every 210,000 blocks
3. Difficulty adjustment every 2016 blocks

Why that number. Why not other number.

Is the number that Satoshi is targeting is the 21 million, hence block reward and halving block interval have to be those 2 number

Or is 21mn is just happen to be the outcome of block reward start at 50 with halving every 210,000 blocks

Author Public Key
npub1x0z8c4xeejn6l6f8fndgzg5h5r2erra2v078scs8e94e4yjte4vqun6prn