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Why was 21 million of bitcoins created?
Ecrit par: Shareannonce
Date création:  09-09-2018
Nombre de vues:  618
Catégorie:  crypto-monnaie
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   Tutoriel N° 2bc

Why was 21 million of bitcoins created?


Here's a mathematical explanation:

Calculate the number of blocks per 4 year cycle:

6 blocks per hour
* 24 hours per day
* 365 days per year
* 4 years per cycle
= 210,240
~= 210,000



Sum all the block reward sizes:

50 + 25 + 12.5 + 6.25 + 3.125 + ... = 100


Multiply the two:

210,000 * 100 = 21 million


Economically, because the currency is effectively infinitely divisible, then the precise amount doesn't matter, as long as the limit remains fixed.


 
 
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