From 4676f8f00879f66449d0a99d59ad94cd42ed30ae Mon Sep 17 00:00:00 2001 From: AbcSxyZ Date: Wed, 26 May 2021 18:21:03 +0200 Subject: Update README.md Author: AbcSxyZ Cherry-picked and squashed from: 20480d33b README: change social media position 39a209b98 README: Change section order bdb727981 README: reorganize social medias, split dev specific & and more community related in 2 sections bbc6c921c Add emote to titles e39256825 Install.md : Improve first title ebef882c5 Fix typo 1cec6b16b Extract FAQ and INSTALL into respective files 314b6f8e2 Add developement & contribution information directly on readme a7e556924 Remove original block reward schedule 8cb73041a Move licence section at README bottom --- doc/FAQ.md | 46 ++++++++++++++++++++++++++++++++++++++++++++++ 1 file changed, 46 insertions(+) create mode 100644 doc/FAQ.md (limited to 'doc/FAQ.md') diff --git a/doc/FAQ.md b/doc/FAQ.md new file mode 100644 index 000000000..2191e573f --- /dev/null +++ b/doc/FAQ.md @@ -0,0 +1,46 @@ +## 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:** + +1–99,999: 0–1,000,000 Dogecoin + +100,000–144,999: 0–500,000 Dogecoin + +145,000–199,999: 250,000 Dogecoin + +200,000–299,999: 125,000 Dogecoin + +300,000–399,999: 62,500 Dogecoin + +400,000–499,999: 31,250 Dogecoin + +500,000–599,999: 15,625 Dogecoin + +600,000+: 10,000 Dogecoin -- cgit v1.2.3