13 You are thinking of creating a new cryptocurrency, and you want the block chain to have thefollowing parameters:Average time per block: 5 minInitial block bounty: 100 coinsBounty adjustment: every 100k blocksBounty adjustment: every period, drop per-block bounty by 25%.Under these parameters, what is the total number of coins that will be created in yourcryptocurrency?

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are thinking of creating a new cryptocurrency, and you want the block chäin tổ have the wing parameters: rage time per block: 5 min al block bounty: 100 coins

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

You are thinking of creating a new cryptocurrency, and you want the block chain to have the
following parameters:
Average time per block: 5 min
Initial block bounty: 100 coins
Bounty adjustment: every 100k blocks
Bounty adjustment: every period, drop per-block bounty by 25%.
Under these parameters, what is the total number of coins that will be created in your
cryptocurrency?

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