Quote from: DeathAndTaxes on December 18, 2013, 02:03:04 AM

Quote from: Trongersoll on December 17, 2013, 08:37:41 PM

Quote from: Aruut on December 17, 2013, 05:46:24 AM

It is set in 2048. Only about 0.05 BTC reward per block by then Tongue

Where is it written that fractional coins will be mined. I see people say this, but it is not my understanding of the plan for Bitcoin or how it is supposed to work.

The network only works on satoshis (1E-8 or 0.00000001 BTC). The block reward began as 5,000,000,000 satoshis (50 BTC) and it will be halved every 210,000 blocks (~4 years) until it reaches 1 satoshi and then go it goes to zero.

https://en.bitcoin.it/wiki/Controlled_supply

There is nothing special about a "whole Bitcoin" everything on the network is recorded in integers as satoshis.

Oh, cool, i was remembering wrong. confused satoshis and BTCs. I had to read your reply twice before i got it right. thanks.