I read that generating that chain would be really cheap and simple too -- you just run a non-pool miner disconnected from the Internet and with an accelerated clock.
The blockchain length is only growing linearly with time, but that's because it can only process O(1) transactions per hour. It'd be growing exponentially if either the monetary velocity or the size of the real economy…
Instead of leaking money, why not just let the total number of coins keep increasing exponentially indefinitely?
Infinity times nothing is still nothing... oh wait, it's NaN.
I read that generating that chain would be really cheap and simple too -- you just run a non-pool miner disconnected from the Internet and with an accelerated clock.
The blockchain length is only growing linearly with time, but that's because it can only process O(1) transactions per hour. It'd be growing exponentially if either the monetary velocity or the size of the real economy…
Instead of leaking money, why not just let the total number of coins keep increasing exponentially indefinitely?
Infinity times nothing is still nothing... oh wait, it's NaN.