Here’s why Satoshi Nakamoto set Bitcoin’s supply limit to 21 million

Here’s why Satoshi Nakamoto set Bitcoin’s supply limit to 21 million
фото показано с : thenextweb.com

2019-7-8 15:42

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the cryptocurrency and blockchain world. When Satoshi Nakamoto built Bitcoin, design choices were made that effectively limits the number of Bitcoins that will ever exist to (roughly) 21 million.

A fixed supply limit certainly gives Bitcoin anti-inflationary properties, but the reason it was set to 21 million is hidden in personal correspondence between Nakamoto and software developer Mike Hearn. 21 million was making ‘educated guesses’ According to an email shared by Hearn, Nakamoto intended Bitcoin‘s unit prices to eventually align with traditional fiat…

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