Crypto basics: Bitcoin’s total supply and halving
The supply cap cannot be exceeded because nodes across the network all check new blocks against the same rules. Blocks that claim too much in rewards are rejected.
To find out how far away the next halving is, check the latest block height. The next halving occurs at block 1,050,000.
The issuance of $BTC new coins is written into the protocol; no institution can arbitrarily increase the supply.
What other topics would you like to learn about? Let me know in the comments.
The supply cap cannot be exceeded because nodes across the network all check new blocks against the same rules. Blocks that claim too much in rewards are rejected.
To find out how far away the next halving is, check the latest block height. The next halving occurs at block 1,050,000.
The issuance of $BTC new coins is written into the protocol; no institution can arbitrarily increase the supply.
What other topics would you like to learn about? Let me know in the comments.
