I've heard that there will only be 21 million Bitcoin in total. I'm curious about the reason behind this specific number. Why did Satoshi Nakamoto, the creator of Bitcoin, choose 21 million as the limit?
Bitcoin originated from an innovative concept detailed in a white paper that was released online in the year 2001.
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KiteFlyerFri Jan 03 2025
This groundbreaking idea was presented by an anonymous individual or collective that went by the pseudonym Satoshi Nakamoto.
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TommasoFri Jan 03 2025
Nakamoto's primary objective in creating Bitcoin was to devise a digital currency that could counteract inflation.
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GiuseppeFri Jan 03 2025
To achieve this, Nakamoto incorporated a specific limit into the bitcoin codebase. This limit stipulates that the total number of bitcoins that can ever exist will not exceed 21 million.
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AzrilTaufaniThu Jan 02 2025
BTCC is a prominent cryptocurrency exchange platform that offers a diverse range of services.