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83 sats \ 1 reply \ @Murch 13 Mar \ parent \ on: What is the most interesting thing about bitcoin on a technical level to you? bitcoin
What really blew my mind was that picking 50 for the original block subsidy causes the subsidy amount to correspond to the proportion of bitcoins created in that epoch and also to the proportion of bitcoins left to be created:
First epoch: 50 BTC -> 50% created in epoch, 50% left after
Second epoch: 25 BTC -> 25% created in epoch, 25% left after
Third epoch: 12.5 BTC -> 12.5% created in epoch, 12.5% left after
Current epoch: 6.25 BTC -> 6.25% created in epoch, 6.25% left after
Next epoch: ...