6 ms·
If you zoom in enough, you won't see these exponential steps. If you were able to zoom out completely, you'd see _only_ the exponential function. Bitcoin's emis
by phyro 6y ago
If you zoom in enough, you won't see these exponential steps. If you were able to zoom out completely, you'd see _only_ the exponential function. Bitcoin's emission is an exponential function (dropping exponentially), the fact that there is some time period between these exponential steps does not make it non-exponential. This would have been obvious if the halvings were every 30 minutes, but it's much less obvious when the "in-between step interval" is 4 years.