What Happens to Bitcoin After All 21 Million Are Mined?
Bitcoin’s Total Circulating Supply Exceeds 18.5 Million ...
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
This is a pure technical question. What makes impossible to someone to change the code of the supply cap to, let's say, 210M. edit: thanks for all the replay, especially u/igadjeed
I built a tool to independently verify the Bitcoin supply
I built jutsu, a simple CLI tool to independently verify the Bitcoin supply and a few other things using your own node. Give it a shot and run the numbers if you have a full node running. https://github.com/merwane/jutsu jutsu uses oogway, a Bitcoin Python library I built, to interact with your node.
The Supply of Bitcoin Is Limited to 21 Million . In fact, there are only 21 million bitcoins that can be mined in total. Once miners have unlocked this amount of bitcoins, the supply will ... The total spendable supply is always lower than the theoretical total supply, and is subject to accidental loss, willful destruction, and technical peculiarities. One way to see a part of the destruction of coin is by collecting a sum of all unspent transaction outputs, using a Bitcoin RPC command gettxoutsetinfo . Bitcoin's total circulating supply has exceeded a crucial milestone of 18.5 million coins, as per data from CoinMarketCap. A total of 88 percent of all coins that will ever circulate have already been mined. 18.5 Million Coins in Circulation The first Bitcoin block, which is referred to as the 'genesis block,' was mined by Satoshi Nakamoto,... Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining” : as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations. Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets
Bill Gates: Microsoft board, Bitcoin Halving, Taxes and Strategy Microsoft US 96 watching Live now How The Economic Machine Works by Ray Dalio - Duration: 31:00. Visualize the total amount of millionaires in USD for each country from 2000 to 2019 versus the Bitcoin circulating supply. In the year 2000 there was approximately 13.9 million millionaires. Fast ... What determines the supply of bitcoin? A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals. Every ten ... Bitcoin Brief - GrainChain, Bitcoin Cats, ETH Supply & MicroStrategy BTC Reserves 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV Stories: ... Bitcoin Halving to Have “Tiny” Supply Shock; More Important Events in 2020 ... Bitcoin’s mining rewards halving event has long been looked towards as a bullish fundamental event that would ...
