比特币：点对点电子现金论文
原始发布页
打开来源页面查看 1 个交叉存档
Ray Dillinger：
“货币”的通胀率约为 35% 因为计算机每年提速大约就是这个幅度 ……35% 的通胀率几乎是 由技术保证的
硬件速度提升已经得到处理：“为了补偿硬件速度提升，以及随时间变化的运行节点意愿，工作量证明难度由移动平均值决定，目标是每小时平均生成一定数量的区块。如果生成过快，难度就提高。”
随着计算机变快、用于生成比特币的总算力增加，难度会按比例提高，以保持新币总产量不变。因此，未来每年会生成多少新比特币，是可以预先知道的。
新币会被生产这一事实意味着货币供应量按计划增加，但这不必然导致通胀。如果货币供应量增长速度与使用它的人数增长速度相同，价格就保持稳定。如果增长速度跟不上需求，就会出现通缩，早期持有者会看到货币价值上升。
币总得以某种方式进行初始分配，而恒定速率似乎是最好的公式。
中本聪
英文原文
展开英文原文
Ray Dillinger:
the "currency" is inflationary at about 35% as that's how much faster computers get annually ... the inflation rate of 35% is almost guaranteed by the technology
Increasing hardware speed is handled: "To compensate for increasing hardware speed and varying interest in running nodes over time, the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour. If they're generated too fast, the difficulty increases."
As computers get faster and the total computing power applied to creating bitcoins increases, the difficulty increases proportionally to keep the total new production constant. Thus, it is known in advance how many new bitcoins will be created every year in the future.
The fact that new coins are produced means the money supply increases by a planned amount, but this does not necessarily result in inflation. If the supply of money increases at the same rate that the number of people using it increases, prices remain stable. If it does not increase as fast as demand, there will be deflation and early holders of money will see its value increase.
Coins have to get initially distributed somehow, and a constant rate seems like the best formula.
Satoshi Nakamoto