5 ms·
It's not a doubling of expenses, it's a halfing of reward. The reward is meant to go to zero eventually, and halves every four years.
by ikeboy 11y ago
It's not a doubling of expenses, it's a halfing of reward. The reward is meant to go to zero eventually, and halves every four years.
- dllthomas 11y agoA halving of reward per unit of expense is a doubling of expenses per unit reward. That said, it is neither - it is a halving of extra reward on top of transaction fees.
- eordano 11y agoAlso, "reward" is not appropriate. It has been historically referred to as "miner subsidy": it was intended to be a way to make mining attractive for early adopters.
- deleted 11y ago[deleted]