3 ms·
The Taylor Rule: A benchmark for monetary policy?
- bitstein 11y agoSeems like a really awful knock-off of: CAmount GetBlockValue(int nHeight, const CAmount& nFees) { CAmount nSubsidy = 50 * COIN; int halvings = nHeight / Params().SubsidyHalvingInterval(); // Force block reward to zero when right shift is undefined. if (halvings >= 64) return nFees; // Subsidy is cut in half every 210,000 blocks which will occur approximately every 4 years. nSubsidy >>= halvings; return nSubsidy + nFees; } Source: https://github.com/bitcoin/bitcoin/blob/master/src/main.cpp#L1190 https://github.com/bitcoin/bitcoin/blob/master/src/main.cpp#...