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Author Topic: Lost Bitcoins  (Read 2053 times)
btc_artist
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February 14, 2012, 06:49:23 PM
 #21

Lost coins are one of the reasons I feel like the block rewards should have tapered off gradually, and settled down to an eventual minimum amount (Even if it was just 1 coin).

The more bitcoins in circulation, the lower the percentage of inflation the block reward represents.  However, the larger the number of coins in circulation, the more likely it is for instances of lost coins to appear.  Eventually, those two numbers would balance out and you'd have an approximate number of coins continuously in circulation.
1++

BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf
LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
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