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| author | Patrick Lodder <[email protected]> | 2021-08-20 06:00:56 +0200 |
|---|---|---|
| committer | GitHub <[email protected]> | 2021-08-20 06:00:56 +0200 |
| commit | 84956c7b65bae8095aa35610066cde3cebb4b39b (patch) | |
| tree | f80bde0c3fd9b742dac3b4467d9b4ada87e4d19b /doc/FAQ.md | |
| parent | Merge pull request #2461 from patricklodder/1.14-sync-issue-templates (diff) | |
| parent | fixup installation guide (diff) | |
| download | archived-discoin-84956c7b65bae8095aa35610066cde3cebb4b39b.tar.xz archived-discoin-84956c7b65bae8095aa35610066cde3cebb4b39b.zip | |
Merge pull request #2466 from patricklodder/1.14.4-readme
Update README.md, introduce INSTALL.md and doc/FAQ.md
Diffstat (limited to 'doc/FAQ.md')
| -rw-r--r-- | doc/FAQ.md | 54 |
1 files changed, 54 insertions, 0 deletions
diff --git a/doc/FAQ.md b/doc/FAQ.md new file mode 100644 index 000000000..d09d60bba --- /dev/null +++ b/doc/FAQ.md @@ -0,0 +1,54 @@ +## Very Much Frequently Asked Questions ❓ + +### How much doge can exist? – So many puppies! 🐕 +Early 2015 (approximately a year and a half after release) there were +approximately 100,000,000,000 coins. +Each subsequent block will grant 10,000 coins to encourage miners to continue to +secure the network and make up for lost wallets on hard drives/phones/lost +encryption passwords/etc. + + +### Such mining information ⛏ + +Dogecoin uses a simplified variant of the scrypt key derivation function as its +proof of work with a target time of one minute per block and difficulty +readjustment after every block. The block rewards are fixed and halve every +100,000 blocks. Starting with the 600,000th block, a permanent reward of +10,000 Dogecoin per block will be issued. + +Originally, a different payout scheme was envisioned with block rewards being +determined by taking the maximum reward as per the block schedule and applying +the result of a Mersenne Twister pseudo-random number generator to arrive at a +number between 0 and the maximum reward. + +This was changed starting with block 145,000, to prevent large pools from gaming +the system and mining only high reward blocks. At the same time, the difficulty +retargeting was also changed from four hours to once per block (every minute), +implementing an algorithm courtesy of the DigiByte Coin development team, to +lessen the impact of sudden increases and decreases of network hashing rate. + +**The current block reward schedule:** + +| Block | Reward in Dogecoin | +| :------------------- | -----------------: | +| 1–99,999 | 0–1,000,000 | +| 100,000–144,999 | 0–500,000 | +| 145,000–199,999 | 250,000 | +| 200,000–299,999 | 125,000 | +| 300,000–399,999 | 62,500 | +| 400,000–499,999 | 31,250 | +| 500,000–599,999 | 15,625 | +| 600,000+ | 10,000 | + +**The original block reward schedule, with one-minute block targets and +four-hour difficulty readjustment:** + +| Block | Reward in Dogecoin | +| :------------------- | -----------------: | +| 1–99,999 | 0–1,000,000 | +| 100,000–199,999 | 0–500,000 | +| 200,000–299,999 | 0–250,000 | +| 300,000–399,999 | 0–125,000 | +| 400,000–499,999 | 0–62,500 | +| 500,000–599,999 | 0–31,250 | +| 600,000+ | 10,000 | |