Mining reward about chainweb-node HOT 5 CLOSED

➤ Stuart Popejoy commented:

from Will's spreadsheet the function is =S-(S2^(-T/(H12))) where T is the amount of months since launch.

If R is in seconds, T in seconds is R * B. A year has 31536000 seconds. Thus the function for the total reward is S-(S2^(-(RB)/(H*31536000))).

Unfortunately this is cumulative.

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➤ Will Martino commented:

For testnet, `const reward = 42.

Overall, I would hardcode the schedule into the coin contract as yearly piecewise (the mining rate being smooth isn't specified in the SAFTs) just so we don't need to do the extra math. We should talk about if we want to have every coin in the entire network accounted for in every CC. If you can formalize the CC and account for every coin (even those floating on another chain, think spv-acct or 100yrs away in the block reward, thing reward-acct), then you can prove every contract and prove the entire network conserves mass.

maybe overkill though

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Moved issue over to chainweb-node (102)

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Moved to v1 after discussion with Emily

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Moved back to icebox after stand-up today

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