Why Satoshi Selected 21 Million as the Maximum Cap Supply of Bitcoin: A Timely Explanation

2019-9-1 18:25

Satoshi Nakamoto, a pseudonym for the creator of Bitcoin, decided there will only be 21 million BTC coins ever to be mined. In an email published on Satoshi Nakamoto Institute addressed to Mike Hearn on why Satoshi selected 21 million as the cap, the unknown figure said the number is “an educated guess”. However, a […]

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Collective Hacker’s Honeypot Now More Than Satoshi’s Bitcoin Holdings with Over 1 Million BTC Stolen

Hackers have Stolen over 1 million of the 21 Million Bitcoins that will ever Exist Since 2011, hackers have been out to steal Bitcoins from those who own it especially on exchanges. According to data from Chainanalysis, over a billion dollars were stolen through hacks on exchanges alone. It is estimated that Satoshi Nakamoto has […]

2019-5-26 17:00


Million Dollar Bitcoin Scavenger Hunt Lures 60,000 Enthusiasts and Counting to Find Satoshi’s Treasure

It has been recently revealed that a scavenger hunt rewarding one million dollars’ worth of Bitcoin [BTC] is currently active. Dubbed, “Satoshi’s Treasure”, Coin Desk has reported that one of the creators, Eric Meltzer has disclosed the numbers in terms of active “hunters” and so far, it has garnered 60,000 enthusiasts and counting. This all […]

2019-5-13 02:52


New ‘Satoshi’s Treasure’ Game with a Million Dollar Bitcoin Prize is Forcing Players to Collaborate

Satoshi Treasure a new alternate reality game with $1million worth of bitcoins has hit the global gaming market, the firm revealed on April 15. The game, which many have likened to the bitcoin version of Ready Player One, a movie that revolves around a game that encourages teamwork is forcing players to collaborate, work together […]

2019-4-16 23:46


Ôîòî:

Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.

2019-4-16 23:28


Ôîòî:

Satoshi’s Roundtable: Community Disputes Over Bitcoin Supply Increase Proposal

Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has.

2019-2-7 17:00


Ôîòî:

Satoshi’s Roundtable: Community Disputes Over Mention of Bitcoin Supply Increase

Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has.

2019-2-7 17:00


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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic

Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […]