This content originally appeared on DEV Community and was authored by JavaScript
Bitcoin inventor Satoshi Nakamoto capped the number of bitcoin at 21 million, meaning there will only ever be 21 million bitcoins in existence. On average, these bitcoins are introduced to the Bitcoin supply at a fixed rate of one block every 10 minutes. In addition, the number of bitcoins released in each of these aforementioned blocks is reduced by 50% every four years. By August 2021, 18.7 million bitcoins were available, leaving roughly 2.3 million to be mined.1 The supply limitation makes Bitcoin scarce and controls inflation that might arise from an unlimited supply of the cryptocurrency.
Read More: Get Unlimited BTC With This Line Of Code
This content originally appeared on DEV Community and was authored by JavaScript
JavaScript | Sciencx (2021-11-05T02:46:42+00:00) Get Unlimited😍 BTC With This Line Of Code 🔥. Retrieved from https://www.scien.cx/2021/11/05/get-unlimited%f0%9f%98%8d-btc-with-this-line-of-code-%f0%9f%94%a5/
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