.......
Parameters are:
8MB cap
Doubling every two years (so 16MB in 2018)
For twenty years
....
Does that mean in 20 years after it starts doubling the blocks will be 8192 MB, which is 8.192 GB per block?
Have I done my maths right?
8 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 = 8192
To keep it simple I'm not considering the difference between mebibytes and megabytes.