Question
You are thinking of creating a new cryptocurrency, and you want the block chain to have the following parameters: Average time per block: 90 min
You are thinking of creating a new cryptocurrency, and you want the block chain to have the following parameters:
Average time per block: 90 min
Initial block bounty: 88 coins
Bounty adjustment: every 8 thousand blocks
Bounty adjustment: every period, drop per-block bounty by 32%.
Under these parameters, what is the total number of coins that will be created in your cryptocurrency?
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Intermediate Algebra Functions & Authentic Applications
Authors: Jay Lehmann
5th Edition
0321923464, 9780321923462
