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RE: Gridcoin Technical Whitepaper ready for Peer Review
You've put awesome amount of work into this!
As for RAC formula, as I have already explained under @jefpatat ' s article,
Instead of an overcomplicated form:
decay = exp( (-t/7) x ln(2) )
you can use:
decay = (1/2)^(t/7)
as:
exp( (-t/th) x ln(2) ) = e^( (-t/th) x ln(2) ) = e^( ln(2^(-t/th)) ) = 2^(-t/th) = (1/2)^(t/th)
For some reason this non-simplified form of equation is copied all over Internet. Maybe because it looks more 'scientific' with exponents and logarithms than simple 1/2 to power t/th? The latter one is easier to understand and you can easy see that if t = 7 days RAC =1/2 or is halved.
thanks hotbit, i will look at it this evening and put the simplified version then
change implemented, hotbit can you check it?
I would completely remove eq. (1), as in my opinion it makes no sense here. In eq. (3) looks like only 1 is to power t/7 - some formatting needed, maybe (1/2) instead of 1/2 will help.
7 is 7 days, arbitrary chosen half life.
I have 15 nightshifts left in a row, so sadly little time to engage :(
hey hotbit, 15 nightshifts in a row! may i ask what is your job? i implemented the brackets and th instead of 7, however i left eq. (1) just to give the info that in literature this is often seen.