Plan99 (Mike Hearn) 14 messages
Satoshi ↔ Mike Hearn — Initial Questions
Mike Hearn contacts Satoshi Nakamoto for the first time with questions about Bitcoin's scalability, mining hardware, inflation schedule, and coin denominations.
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2 entries
Mike Hearn contacts Satoshi Nakamoto for the first time with questions about Bitcoin's scalability, mining hardware, inflation schedule, and coin denominations.
Satoshi responds to Ray Dillinger's 35% inflation claim, explaining how difficulty adjustment keeps production constant and how transaction fees provide an alternative incentive.