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You are thinking of creating a new cryptocurrency, and you want the block chain to have the following parameters: Average time per block: 5min Initial
You are thinking of creating a new cryptocurrency, and you want the block chain to have the following parameters: Average time per block: 5min Initial block bounty: 100 coins Bounty adjustment: every 100k blocks Bounty adjustment: every period, drop per-block bounty by 25%. Under these parameters, what is the total number of coins that will be created in your cryptocurrency
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Financial Institutions Management
Authors: Anthony Saunders
1st Edition
0256110565, 9780256110562
