#bitcoin #plebchain #asknostr

Is there any reason behind certain number below?

1. Block reward start at 50 BTC

2. Halving every 210,000 blocks

3. Difficulty adjustment every 2016 blocks

Why that number. Why not other number.

Is the number that Satoshi is targeting is the 21 million, hence block reward and halving block interval have to be those 2 number

Or is 21mn is just happen to be the outcome of block reward start at 50 with halving every 210,000 blocks

Reply to this note

Please Login to reply.

Discussion

I am pretty sure it has something to due with bit integer rollover. But can't remember exactly

2016 is thr inverse of 6102, the executive order that confiscated gold from Americans. Suiting I think that a confiscation resistant asset might have the reverse of a confescatable one.

Did Satoshi mentioned this ever on bitcoin forum when he is still active?