【Term Explained】Why is the maximum supply of Bitcoin only 21 million?
When Bitcoin first launched, the reward for each block was 50 coins. It is halved once every 210,000 blocks, roughly every four years.
The supply cap is maintained because nodes across the network all check new blocks according to the same rules. Any block that issues too much in rewards is rejected outright.
$BTC The rules for issuing new coins are written into the consensus protocol; no institution can temporarily issue more.
Invest according to what you can afford, and leave yourself some breathing room.
#BTC
When Bitcoin first launched, the reward for each block was 50 coins. It is halved once every 210,000 blocks, roughly every four years.
The supply cap is maintained because nodes across the network all check new blocks according to the same rules. Any block that issues too much in rewards is rejected outright.
$BTC The rules for issuing new coins are written into the consensus protocol; no institution can temporarily issue more.
Invest according to what you can afford, and leave yourself some breathing room.
#BTC