Why is Bitcoin capped at 21 million coins? Many people can't answer!
Bitcoin's total supply is capped at around 21 million coins because the block reward is halved at regular intervals.
The 21 million limit can't be exceeded because nodes across the network check new blocks against the same set of rules. Any block that creates excess rewards is rejected.
Understand the rules before taking action, and don't make decisions on impulse.
$BTC 83164.03 (+1.57%)
#BTC
Bitcoin's total supply is capped at around 21 million coins because the block reward is halved at regular intervals.
The 21 million limit can't be exceeded because nodes across the network check new blocks against the same set of rules. Any block that creates excess rewards is rejected.
Understand the rules before taking action, and don't make decisions on impulse.
$BTC 83164.03 (+1.57%)
#BTC