3 ms·
The block subsidy is constant between halvings. And is thus a step function. But "emission" refers to cumulative block subsidies. And thus is piecewise linear,
by tromp 6y ago
The block subsidy is constant between halvings. And is thus a step function.
But "emission" refers to cumulative block subsidies. And thus is piecewise linear, with 34 pieces of exponentially decreasing slope, the last one ending up flat.