Transaction

j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMK<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg27501#msg27501">Quote from: em3rgentOrdr on December 06, 2010, 09:57:27 PM</a></div><div class="quote">Exactly. &nbsp;My points exactly. &nbsp;The reason for halving bitcoins over time does not really exist for bitdnscoins.<br/></div><br/>Wondering aloud even more, what need do we have for a fractional bitdnscoin? &nbsp;I could imagine having a little bit of "change" but is there going to be any need for more than about three or four decimal places?<br/><br/>This is essentially the same issue just thought through from another perspective. &nbsp;Right now I think it is about 100 million "bitcoins" to the smallest unit as defined in the Bitcoin protocol. &nbsp; We really don't need that many decimal places even for trade purposes. &nbsp;I still like the uint64 structure used in the Bitcoin protocol, but with a mild sort of inflation happening to the currency (relative to Bitcions) I don't see any major deflationary pressure pushing the value down like I see for Bitcoins. &nbsp;Again, I am not an economist and this is going to take some hard economic theory and guessing which way even this currency might go in that perspective. &nbsp;The only other "currency" to make a real comparison about here is the coins on the test network, and the main thing there is that those coins aren't being traded... which makes even that a bad example.<br/><br/>I don't know of any other currency that uses this sort of allocation system even remotely. &nbsp;Of course that is why this is so groundbreaking.</div> text/html