dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0042
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dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0042 [2020/05/07 18:56] nick ↷ Page moved from dido:public:xapend.stds:defact:bitcoin:bips:bip_0042 to dido:public:ra:xapend.stds:defact:bitcoin:bips:bip_0042 |
dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0042 [2021/08/17 15:15] (current) murphy |
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| - | ======== BIP 0042 - A finite monetary supply for Bitcoin (soft fork) ======== | + | ==== BIP 0042 - A finite monetary supply for Bitcoin (soft fork) ==== |
| - | [[dido:public:xapend.stds:defact:bitcoin| return to the Bitcoin Standards ]] | + | [[dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips| return to the Bitcoin Improvement Proposals ]] |
| <table> | <table> | ||
| - | <caption>Data sheet for A finite monetary supply for Bitcoin </caption> | + | <caption>Data sheet for A finite monetary supply for [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] </caption> |
| | Title | A finite monetary supply for Bitcoin | | | Title | A finite monetary supply for Bitcoin | | ||
| | Layer | Consensus (soft fork) | | | Layer | Consensus (soft fork) | | ||
| | Author | Pieter Wuille | | | Author | Pieter Wuille | | ||
| | Comments-Summary | Summary: Unanimously Recommended for implementation | | | Comments-Summary | Summary: Unanimously Recommended for implementation | | ||
| - | | Comments-URI | [[URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0042]] | | + | | Comments-URI | [[https://github.com/bitcoin/bips/wiki/Comments:BIP-0042]] | |
| - | | Staus | Final | | + | | Status | Final | |
| | Type | Standards Track | | | Type | Standards Track | | ||
| | Created | 2014-04-01 | | | Created | 2014-04-01 | | ||
| Line 17: | Line 17: | ||
| </table> | </table> | ||
| - | : **Note**: The following is an excerpt from the official Bitcoin site. It is provided here as a connivence and is not authoritative. Refer to the original document(s) as the authoritative reference. | + | : **Note**: The following is an excerpt from the official Bitcoin site. It is provided here as a convenience and is not authoritative. Refer to the original document(s) as the authoritative reference. |
| - | ====== Abstract ====== | + | === Abstract === |
| : //Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.// | : //Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.// | ||
| - | This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when wallet clients should switch to it by default. | + | : //This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|wallet]] clients should [[dido:public:ra:xapend:xapend.a_glossary:s:switch|switch]] to it by default.// |
| - | To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite. | + | : //To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.// |
| - | ====== Copyright ====== | + | === Copyright === |
| : //This document is placed in the public domain.// | : //This document is placed in the public domain.// | ||
dido/public/ra/xapend/xapend.b_stds/defact/bitcoin/bips/bip_0042.1588892168.txt.gz · Last modified: 2020/05/07 18:56 by nick
