August 27, 2014, 12:27:57 PM #28 Quote from: FreedomToSpam on August 27, 2014, 10:32:46 AM Does anyone know if that 500 dogecoin block reward is halved every 400? (100 difficulty) or is it expected to be 80 BCH blocks before the 50 DOGE will be distributed again.
I’m not sure if I understand this question correctly?
If you’re referring to the reward for generating a new block in the P2P network and sending coins back to yourself (i.e., mining), it’s always been 100 coins. If your true intent was to make sure we get a steady supply of DOGE even after we reach 21 million total coins at one point, you should post in the Dogecoin Gold forum so they can answer questions for you on this.
The idea of 100 coin rewards being halved every 4 years was implemented by Jonas out of consideration for overall network security on major hashrate distributions (>20% vs. < 20%). This means there are always 4 more years' worth of DOGE generated over time with only 50 outstanding blocks per year being mined until once again reaching minimum supply (~85M). It also provides an additional longevity factor through late 2016 when our newly minted "genesis" block is supposed to yield 200k more total circulating supply including ~15% more BCH+DOGC already held in masternodes which was added