difficulty-adjustment

Entries tagged with this topic. Spans across types and sources — explore connections between people, events, and themes.

1 entries

November 8, 2008 Cryptography Mailing List 18 messages

"Bitcoin P2P e-cash paper" — Satoshi's first Bitcoin announcement (Oct 2008)

Satoshi Nakamoto ↔ Ray Dillinger

Satoshi responds to Ray Dillinger's 35% inflation claim, explaining how difficulty adjustment keeps production constant and how transaction fees provide an alternative incentive.