|
|
@@ -49,7 +49,7 @@ |
|
|
|
the Bitcoin network. It can only be changed if every user of the |
|
|
|
network decided to change it as part of a hard fork. One of Bitcoin's |
|
|
|
core offerings is its fixed and unchangable monetary policy, so it's |
|
|
|
exceedingly unlikely that it is going to be changed. |
|
|
|
<em>exceedingly unlikely</em> that it is going to be changed. |
|
|
|
<br/><br/> |
|
|
|
The reward function (in Bitcoins) is |
|
|
|
<code>r(h) = 50 / (2 ** floor(h / 210000))</code>, where h is block height. |
|
|
@@ -62,7 +62,9 @@ |
|
|
|
<p> |
|
|
|
A: Since mining is a probabilistic process, it's impossible to predict |
|
|
|
when new blocks will be mined. <em>On average</em>, new blocks are |
|
|
|
mined every 10 minutes, but this can vary a lot. |
|
|
|
mined every 10 minutes, but this can vary a lot. So it's hard to |
|
|
|
predict <em>exactly</em> when block number 630000 will be mined, but all |
|
|
|
answers will converge when the time comes. |
|
|
|
</p> |
|
|
|
|
|
|
|
<p> |