121 sats \ 0 replies \ @Rexdentron 21h \ parent \ on: AskSN: What's your hard nut to crack kind of question? 2100 sats for top most AskSN
Because Bitcoins are not "created/made" but instead it is "distributed" through Coinbase. The total epoch with block reward as incentive are fixed to the first 34th epoch (.2140-200
Speaking of 21 millions, there could not be "21 millions Bitcoins" either in circulation or in existence, why ?
  • The supply cap is less than that
  • OP_Return or some other scenarios can make UTXOs unspendable
  • Some Block rewards aren't fully-claimed (intentionally?)
https://en.bitcoin.it/wiki/Controlled_supply https://www.reddit.com/r/Bitcoin/comments/ujhes1/satoshi_gave_us_33_epochs_spanning_over_130_years/ https://lookingglasseducation.com/the-bitcoin-supply-formula-explained/
write
preview