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Title: Question: Coin that doubles in rewards & diff by day Post by: Aareon on December 14, 2016, 08:09:39 PM Hello. I would like to keep this post short and sweet.
Is it at all feasible to create a coin that only outputs 1 coin a day and increases by *2 for each day the coin is online? If this question is at all confusing, please do your best at answering, or ask for clarification. Thank you. Title: Re: Question: Coin that doubles in rewards & diff by day Post by: shyliar on December 14, 2016, 08:53:39 PM 3760000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000000000 coins at end of first year seems alot.
Title: Re: Question: Coin that doubles in rewards & diff by day Post by: xhomerx10 on December 14, 2016, 09:05:14 PM Hello. I would like to keep this post short and sweet. Is it at all feasible to create a coin that only outputs 1 coin a day and increases by *2 for each day the coin is online? If this question is at all confusing, please do your best at answering, or ask for clarification. Thank you. Only for one day. After the first day it no longer "only ouputs 1 coin a day..." That was too easy! Next. Title: Re: Question: Coin that doubles in rewards & diff by day Post by: JasonXG on December 14, 2016, 09:35:50 PM Hello. I would like to keep this post short and sweet. Is it at all feasible to create a coin that only outputs 1 coin a day and increases by *2 for each day the coin is online? If this question is at all confusing, please do your best at answering, or ask for clarification. Thank you. Did younthink before writing this ? No I think not. Do you know how powers work ? No I think not. If you gonna go up by powers you will habe so many coins its not funny. Do you not remember the fable of the chines emperor ? It goes like this. Once there was an emperor and he owed a man money for helping him with something. The man asked the emperor for w single grain of rice on a chess board. For every square the rice would double. The foolish emperor agreed and not even his whole kingdom had enough rice. Why ? Because there 64 square on a chess board and a total of18,446,744,073,709,551,615, pieces of rice were needed. Basically your idiotic wuiestion means on 64 days you will have a total of 18,446,744,073,709,551,615, coins. You wanna keep doubling that up ? https://en.m.wikipedia.org/wiki/Wheat_and_chessboard_problem Title: Re: Question: Coin that doubles in rewards & diff by day Post by: jamyr on December 14, 2016, 11:34:46 PM If its probability for a coin to be created this way, I think it is not. Coins being created nowadays should have a specific number to meet. The reason is because Bitcoin only have a specific quantity, thus, any coin that will be exponential will be impossible.
Title: Re: Question: Coin that doubles in rewards & diff by day Post by: Aareon on December 15, 2016, 12:18:02 AM Alright, thanks for answering my question, all. I appreciate the insight and apologize for the fact that I hadn't gotten around to doing the math yet. I appreciate the help. Locked.
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