Summary
TLDR: The first four awards for the Hal Finney Prize in Bitcoin are retroactively rewarding contributors from specific periods, with future prizes going to those who contribute the most in each four-year period.
Key Points
1. The first four awards, including Finney’s, are meant specifically to retroactively reward those who made the biggest contributions to Bitcoin within the periods between each of the first four halvings: 2009-2012 (Finney), 2012-2016, 2016-2020, and 2020-2024.
2. After that, the prize will go to those who contribute most in the intervening four years.
3. The awards are designed to recognize and incentivize ongoing contributions to the development and advancement of Bitcoin over time.