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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: 5 min
You are thinking of creating a new cryptocurrency, and you want the block chain to have the following parameters:
Average time per block: 5 min
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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