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@@ -19,7 +19,7 @@ |
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<h3><span id="blocksleft">...</span> blocks left</h3> |
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<h3><span id="timeleft">... remaining</span></h3> |
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<p> |
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Click/tap on the rows for more statistics. |
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Click/tap on the rows for more statistics - <a href="#faq">FAQ</a> |
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</p> |
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</div> |
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@@ -31,10 +31,92 @@ |
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<hr/> |
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<div id="faq"> |
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<h2 style="text-align: center;">Halving FAQ</h2> |
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<p>Q: What's a halving? Does that mean I'll have twice/half as many coins?</p> |
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<p> |
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A: No, a reward halving is when the fixed subsidy for miners gets cut in |
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half. This has happened twice before, and will happen many more times |
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until all bitcoins have been mined (21 million). |
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</p> |
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<p> |
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Q: Who decides when halvings happen? Can this be stopped? |
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</p> |
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<p> |
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A: Satoshi embedded the halving algorithm into the consensus protocol of |
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the Bitcoin network. It can only be changed if every user of the |
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network decided to change it as part of a hard fork. One of Bitcoin's |
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core offerings is its fixed and unchangable monetary policy, so it's |
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exceedingly unlikely that it is going to be changed. |
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<br/><br/> |
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The reward function (in Bitcoins) is |
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<code>r(h) = 50 / (2 ** floor(h / 210000))</code>, where h is block height. |
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</p> |
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<p> |
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Q: I noticed some of your measurments here are different than those on |
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other countdown clocks. Why is that? |
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</p> |
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<p> |
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A: Since mining is a probabilistic process, it's impossible to predict |
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when new blocks will be mined. <em>On average</em>, new blocks are |
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mined every 10 minutes, but this can vary a lot. |
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</p> |
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<p> |
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Q: Can I use this event to make money? |
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</p> |
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<p> |
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A: Probably not. But it's been observed that crypto bull markets have |
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happened in the (roughly) year after each of the previous two halvings, |
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so take that how you will |
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</p> |
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<p> |
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Q: Bear markets? Does that mean I should buy Bitcoin? |
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</p> |
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<p> |
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A: That's up to you. I'm not your financial advisor. Don't invest what |
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you can't afford to lose. |
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<!-- But also, buy Bitcoin! --> |
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</p> |
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<p> |
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Q: I have another question for you |
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</p> |
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<p> |
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A: I can be contacted at the following addresses... |
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<ul> |
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<li>Matrix: @trey:foobar.style</li> |
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<li>IRC on Freenode: treyzania</li> |
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<li>Briar: <a href="briar://ac22od43vo66zsclxawfcd63ltweyfbfbqgk2w67vswpxshuwckr6">briar://ac22od43vo66zsclxawfcd63ltweyfbfbqgk2w67vswpxshuwckr6</a></li> |
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</ul> |
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</div> |
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<hr/> |
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<div id="footer"> |
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Made by <a href="https://tr3y.io">Trey</a> |
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<div id="donations"> |
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<p>BTC bc1qj4tw5zuw3cl2wy5jw0lt4jghksrex8dnndp3vn</p> |
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<p>BTC legacy 3MgDA5Ukc6waaaK6BVndLdQBtKnYhZHuTK</p> |
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<p>DOGE DBDgYidXBpSCkFhhAZV8Lfp4NuMDD4SNxk</p> |
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<p>ETH 0x08CA026673F0dD458fef8d7f9Df72Ad105558eA3</p> |
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</div> |
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</div> |
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</body> |
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</html> |
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<!-- |
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The student asked his master, "Is this good for Bitcoin?". |
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The master, looking up from his tea towards the rising sun, said, |
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"Yes, this is good for Bitcoin." |
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And it was good. |
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--> |