pallidin said:
Well, there had better be, else reality has a huge problem.
Take a pile of 100 pennies. Toss them all. Throw out all the ones that are tails. You should have around 50 left. 50 pennies have been lost.
Wait 1 minute, then toss the remaining 50 pennies. Throw out all the ones that are tails. You should have around 25 left. After the 1st minute, around 25 pennies have been lost.
Wait 1 minute, then toss the remaining 25 pennies. Toss out all the ones that are tails. You should have around 12 left. After the 2nd minute, around 12 pennies have been lost.
Wait 1 minute, then toss the remaining 12 pennies. Toss out all the ones that are tails. You should have around 6 left. After the 3rd minute, around 6 pennies have been lost.
Wait 1 minute, then toss the remaining 6 pennies. Toss out all the ones that are tails. You should have around 3 left. After the 4th minute, around 3 pennies have been lost.
After the 5th minute, you might be out of pennies, but maybe not. It might take a few more minutes of this before you lose your last pennies. So where as on the first toss you had to throw out 50 pennies, by minute 5 you are lucky if you even throw out one penny.
Your penny-tossing half-life is 1 minute. The "full-life" in this example might be around 6 minutes, but if you instead started with 10 trillion pennies, it might take ~40 minutes before you finally lose the last penny. The "full-life" depends on how many pennies you start with. The half-life is independent of the number of pennies, because it only depends on how long you wait between coin flips, which in our example is a constant.