Re: [bitcoin-dev] Pseudocode for robust tail emission

2022-12-30 Thread Peter Todd via bitcoin-dev
On Fri, Dec 23, 2022 at 07:43:36PM +0100, jk...@op.pl wrote: > > Necessary or not - it doesn't hurt to plan the robust model, just in case. > The proposal is: > > Let every 210,000 the code calculate the average difficulty of 100 last > retargets (100 fit well in 210,000 / 2016 = 104.166) > and

Re: [bitcoin-dev] Pseudocode for robust tail emission

2022-12-30 Thread Billy Tetrud via bitcoin-dev
If the idea is to ensure that a catastrophic miner exodus doesn't happen, the "difference" you're calculating should only care about downward differences. Upward differences indicate more mining activity and so shouldn't cause a halving skip. But I don't think any scheme like this that only acts o