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Why is there not 21 million Bitcoins? Here is an authoritative explanation from the perspective of mining program: function
This is a translation from English, a relatively authoritative and objective explanation of why Bitcoin does not have 21 million
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Coin Circle
This is a translation from English, a relatively authoritative and objective explanation of why Bitcoin does not have 21 million
This is a translation from English, a relatively authoritative and objective explanation of why Bitcoin does not have 21 million
See original
20999999.9769 is the global consensus
Feel free to preach, the picture below is just the tip of the iceberg
The actual amount of BTC is 20999999.9769
The global consensus has already existed and will become stronger
The actual amount of BTC is 20999999.9769
The global consensus has already existed and will become stronger
See original
Feel free to preach, the picture below is just the tip of the iceberg
The real amount of BTC is 20999999.9769
The global consensus has actually existed for a long time and will be even stronger
The real amount of BTC is 20999999.9769
The global consensus has actually existed for a long time and will be even stronger
See original
The amount of BTC must be accurate
The actual number of Bitcoins, 20999999.9769, differs from the so-called 21 million by 0.0231, or 2.31 million Satoshis.
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231
If: The total output of Bitcoin in the last three mining cycles + the output of the third mining cycle from the last is:
0.0084+0.0042+0.0021+0.0084=0.0231 (exactly equal to 0.0231)
In other words, the number 21 million means that Bitcoin production has increased by 12 years + 4 years, for a total of about 16 years.
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231
If: The total output of Bitcoin in the last three mining cycles + the output of the third mining cycle from the last is:
0.0084+0.0042+0.0021+0.0084=0.0231 (exactly equal to 0.0231)
In other words, the number 21 million means that Bitcoin production has increased by 12 years + 4 years, for a total of about 16 years.
See original
The real number of Bitcoin, 20999999.9769, differs from the so-called 21 million by 0.0231, or 2.31 million satoshis.
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231.
If: the total output of Bitcoin in the last three mining cycles + the sum of the output of the third mining cycle from the end is:
0.0084+0.0042+0.0021+0.0084=0.0231 (just equal to 0.0231)
In other words, the number of 21 million makes Bitcoin produce 12 years + 4 years out of thin air, a total of about 16 years of Bitcoin output.
Bitcoin has only been around for 15 years and 3 months.
So can 0.0231 really be ignored? Can it really come out of thin air?
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231.
If: the total output of Bitcoin in the last three mining cycles + the sum of the output of the third mining cycle from the end is:
0.0084+0.0042+0.0021+0.0084=0.0231 (just equal to 0.0231)
In other words, the number of 21 million makes Bitcoin produce 12 years + 4 years out of thin air, a total of about 16 years of Bitcoin output.
Bitcoin has only been around for 15 years and 3 months.
So can 0.0231 really be ignored? Can it really come out of thin air?
See original
#satx exists on the chain for one year 8 months of silence, 4 months of "coming out", the future is long but promising The number belonging to Bitcoin was deployed as a token for the first time, on its main body BTC. In any case, this is a warm blessing worth comforting🎂
#satx 1 year anniversary on-chain
8 months of silence, 4 months of "coming out", the future is long but promising
The number belonging to Bitcoin was first deployed as a token on its original body, BTC.
In any case, this is a warm blessing worth gratifying 🎂
8 months of silence, 4 months of "coming out", the future is long but promising
The number belonging to Bitcoin was first deployed as a token on its original body, BTC.
In any case, this is a warm blessing worth gratifying 🎂
See original
#satx exists on the chain for one year
8 months of silence, 4 months of "coming out", the future is long but promising
The number belonging to Bitcoin was deployed as a token for the first time, on its main body BTC.
In any case, this is a warm blessing worth comforting🎂
8 months of silence, 4 months of "coming out", the future is long but promising
The number belonging to Bitcoin was deployed as a token for the first time, on its main body BTC.
In any case, this is a warm blessing worth comforting🎂
See original
The number of Bitcoins is not 21 million
The actual number of Bitcoins, 20999999.9769, differs from the so-called 21 million by 0.0231, or 2.31 million Satoshis.
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231
If: The total output of Bitcoin in the last three mining cycles + the sum of the output of the third mining cycle from the last is:
0.0084+0.0042+0.0021+0.0084=0.0231 (exactly equal to 0.0231)
In other words, the number 21 million means that Bitcoin production has increased by 12 years + 4 years, for a total of about 16 years.
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231
If: The total output of Bitcoin in the last three mining cycles + the sum of the output of the third mining cycle from the last is:
0.0084+0.0042+0.0021+0.0084=0.0231 (exactly equal to 0.0231)
In other words, the number 21 million means that Bitcoin production has increased by 12 years + 4 years, for a total of about 16 years.
See original
The real number of Bitcoin, 20999999.9769, differs from the so-called 21 million by 0.0231, or 2.31 million satoshis.
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231.
If: the total output of Bitcoin in the last three mining cycles + the sum of the output of the third mining cycle from the end is:
0.0084+0.0042+0.0021+0.0084=0.0231 (just equal to 0.0231)
In other words, the number of 21 million makes Bitcoin produce 12 years + 4 years out of thin air, a total of about 16 years of Bitcoin output.
Bitcoin has only been around for 15 years and 3 months.
So can 0.0231 really be ignored? Can it really come out of thin air?
The total mining output of Bitcoin in the last three mining cycles, from 2128 to 2140, for a total of 12 years, is: 0.0084+0.0042+0.0021=0.0147, which is much less than 0.0231.
If: the total output of Bitcoin in the last three mining cycles + the sum of the output of the third mining cycle from the end is:
0.0084+0.0042+0.0021+0.0084=0.0231 (just equal to 0.0231)
In other words, the number of 21 million makes Bitcoin produce 12 years + 4 years out of thin air, a total of about 16 years of Bitcoin output.
Bitcoin has only been around for 15 years and 3 months.
So can 0.0231 really be ignored? Can it really come out of thin air?
See original
Just preach. I preach, therefore I exist!
Just preach.
I preach, therefore I exist!
I preach, therefore I exist!
See original
Just preach. I preach, therefore I exist!
See original
Why you should hold#satxBitcoin
Why you should hold #satxBitsatoshis:
1. Groundbreaking: The first inscription in the history of blockchain that accurately matches the total amount of Bitcoin Satoshi at a 1:1 ratio, setting a precedent in history and laying the foundation for future generations, namely 2,099,999,997,690,000 coins.
2. Popularization of Science: The first#BRC20inscription to popularize Bitcoin culture during the consensus process.
3. Practicality: Bitcoin is a precise payment unit.
4. Deployment time: commemorating the 12th anniversary of Satoshi Nakamoto's departure from Bitcoin development.
5. Scarcity: Only 70,000 (7 is also a very auspicious number with great energy)
6. Uniqueness: Superb Narrative
1. Groundbreaking: The first inscription in the history of blockchain that accurately matches the total amount of Bitcoin Satoshi at a 1:1 ratio, setting a precedent in history and laying the foundation for future generations, namely 2,099,999,997,690,000 coins.
2. Popularization of Science: The first#BRC20inscription to popularize Bitcoin culture during the consensus process.
3. Practicality: Bitcoin is a precise payment unit.
4. Deployment time: commemorating the 12th anniversary of Satoshi Nakamoto's departure from Bitcoin development.
5. Scarcity: Only 70,000 (7 is also a very auspicious number with great energy)
6. Uniqueness: Superb Narrative
See original
Why must you hold #satxBitcong:
1. Pioneering: The first inscription in the history of blockchain that accurately matches the total amount of Bitcoin Satoshi at a ratio of 1:1, setting a precedent in history and creating the cornerstone of future generations, namely 2,099,999,997,690,000 pieces.
2. Popular science: The first#BRC20inscription that popularized Bitcoin culture in the process of consensus.
3. Practicality: The precise payment unit of Bitcoin.
4. Deployment time: Commemorating the 12th anniversary of Satoshi Nakamoto's departure from Bitcoin development.
5. Scarcity: Only 70,000 (7 is also a very energetic lucky number)
6. Uniqueness: Narrative super-top
7. Attractiveness: Big pie attribute
8. Coincidence: Time coincidence
9. Acceptability: Bitcoin for ordinary people
What is #satxBitcong:#SatxBitcong2099999997690000 is an innovative inscription based on the Bitcoin network. It is an expansion and upgrade of the smallest transaction unit of Bitcoin, Satoshi.
The birth of#SatxBitcongis endowed with mystery, and its total amount is the final variable 20999999.9769, which is benchmarked against Bitcoin's 33 mining cycles⛏️ and 32 halvings.
The inscription is considered to be a continuation of Satoshi Nakamoto's ideas, with precise value positioning, so it may become a stablecoin inscription anchored to Bitcoin.
The designer of the#SatxBitconginscription is a mysterious figure. It was deployed to the BRC20 chain on a specific date, April 24, 2023, which is the 12th anniversary of Satoshi Nakamoto's disappearance, which is regarded as a historical coincidence. The#SatxBitconginscription went through an 8-month casting process and was finally completed on January 2, 2024. This process is extremely fair, and believers and participants around the world have witnessed this moment together.
The#SatxBitcongcommunity is a community spontaneously formed by global blockchain and Bitcoin believers, who are committed to maintaining.
The rigorous precision and scientific spirit of #satxBitcong, and spreading the value and truth of satxBitcong to blockchain enthusiasts and Bitcoin believers.
Key points:
①Bitchain inscriptions do not have smart contract addresses
②$satx Bitsatoshis can be purchased in the Euro-Italy Binance web3 wallet inscription market.
#比特币减半
1. Pioneering: The first inscription in the history of blockchain that accurately matches the total amount of Bitcoin Satoshi at a ratio of 1:1, setting a precedent in history and creating the cornerstone of future generations, namely 2,099,999,997,690,000 pieces.
2. Popular science: The first#BRC20inscription that popularized Bitcoin culture in the process of consensus.
3. Practicality: The precise payment unit of Bitcoin.
4. Deployment time: Commemorating the 12th anniversary of Satoshi Nakamoto's departure from Bitcoin development.
5. Scarcity: Only 70,000 (7 is also a very energetic lucky number)
6. Uniqueness: Narrative super-top
7. Attractiveness: Big pie attribute
8. Coincidence: Time coincidence
9. Acceptability: Bitcoin for ordinary people
What is #satxBitcong:#SatxBitcong2099999997690000 is an innovative inscription based on the Bitcoin network. It is an expansion and upgrade of the smallest transaction unit of Bitcoin, Satoshi.
The birth of#SatxBitcongis endowed with mystery, and its total amount is the final variable 20999999.9769, which is benchmarked against Bitcoin's 33 mining cycles⛏️ and 32 halvings.
The inscription is considered to be a continuation of Satoshi Nakamoto's ideas, with precise value positioning, so it may become a stablecoin inscription anchored to Bitcoin.
The designer of the#SatxBitconginscription is a mysterious figure. It was deployed to the BRC20 chain on a specific date, April 24, 2023, which is the 12th anniversary of Satoshi Nakamoto's disappearance, which is regarded as a historical coincidence. The#SatxBitconginscription went through an 8-month casting process and was finally completed on January 2, 2024. This process is extremely fair, and believers and participants around the world have witnessed this moment together.
The#SatxBitcongcommunity is a community spontaneously formed by global blockchain and Bitcoin believers, who are committed to maintaining.
The rigorous precision and scientific spirit of #satxBitcong, and spreading the value and truth of satxBitcong to blockchain enthusiasts and Bitcoin believers.
Key points:
①Bitchain inscriptions do not have smart contract addresses
②$satx Bitsatoshis can be purchased in the Euro-Italy Binance web3 wallet inscription market.
#比特币减半
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BTC is scarce
The logic behind the continuous rise of Bitcoin is simple: the total amount is fixed and there is no additional issuance.
However, the total amount of Bitcoin is not 21 million, but 20,999,999.9769.
BRC20 satx is the first inscription in history that is 1:1 equivalent to the total amount of Bitcoin "Satoshi"!
1. Houses can be built continuously
2. Stocks can be issued continuously
3. Fiat currency can be continuously printed
4. Gold can be mined continuously
5. No one canCreating more Bitcoins
However, the total amount of Bitcoin is not 21 million, but 20,999,999.9769.
BRC20 satx is the first inscription in history that is 1:1 equivalent to the total amount of Bitcoin "Satoshi"!
1. Houses can be built continuously
2. Stocks can be issued continuously
3. Fiat currency can be continuously printed
4. Gold can be mined continuously
5. No one canCreating more Bitcoins
See original
The logic behind the continuous rise of Bitcoin is simple: the total amount is fixed, and there is no additional issuance. However, the total amount of Bitcoin is not an integer of 21 million, but 20,999,999.9769. BRC20 satx is the first inscription in history that is 1:1 with the total amount of Bitcoin "satoshi"! 1. Houses can be built continuously. 2. Stocks can be issued continuously. 3. Fiat currency can be printed continuously. 4. Gold can be mined continuously. 5. No one can create more Bitcoin.
See original
satx Don’t listen to what people say, but look at what they do After all, confidence is not “shouted”, but “acted”
Brc20 on Bitcoin are more than just tokens, they are keepsakes 🧡
However,#satxis one of those things that is so unique, groundbreaking, and unrepeatable.
The good news is that Satx is still creeping on the horizon, and you just happened to spot her.
Brc20 on Bitcoin are not just tokens, they are keepsakes 🧡
However,#satxis an extremely unique, pioneering, and irreproducible epic existence among them.
The good news is that currently#satxis still crawling on the horizon, but you have discovered .
However,#satxis one of those things that is so unique, groundbreaking, and unrepeatable.
The good news is that Satx is still creeping on the horizon, and you just happened to spot her.
Brc20 on Bitcoin are not just tokens, they are keepsakes 🧡
However,#satxis an extremely unique, pioneering, and irreproducible epic existence among them.
The good news is that currently#satxis still crawling on the horizon, but you have discovered .
See original
Brc20 on Bitcoin are more than just tokens, they are souvenirs 🧡
However,#satxis one of those very unique, groundbreaking, unrepeatable epics that exist.
The good news is that currently satx is still crawling on the horizon, but you've already discovered it.
However,#satxis one of those very unique, groundbreaking, unrepeatable epics that exist.
The good news is that currently satx is still crawling on the horizon, but you've already discovered it.
See original
#satx The top three golden horses in this year's inscriptions
It took two years for gold to reach a market value of $10 billion through ETFs
It took 7 weeks for BTC to reach a market cap of $10 billion through ETFs
People are increasingly interested in buying BTC, and with the emergence of BTC inscriptions, BTC has an ecosystem.
BTC will be halved again in April 2024
Inscriptions are a necessary factor for the development of the BTC ecosystem. The total market value of inscriptions will reach hundreds of billions of dollars in this bull market.
As the strongest BTC inscription ecosystem narrative and IP, satx inscription’s current market value is only 10 million dollars, which shows how much room for growth it has.
It took 7 weeks for BTC to reach a market cap of $10 billion through ETFs
People are increasingly interested in buying BTC, and with the emergence of BTC inscriptions, BTC has an ecosystem.
BTC will be halved again in April 2024
Inscriptions are a necessary factor for the development of the BTC ecosystem. The total market value of inscriptions will reach hundreds of billions of dollars in this bull market.
As the strongest BTC inscription ecosystem narrative and IP, satx inscription’s current market value is only 10 million dollars, which shows how much room for growth it has.
See original
It took two years for gold to reach a market value of 10 billion dollars through ETFs
It took 7 weeks for BTC to reach a market value of 10 billion dollars through ETFs
People are increasingly fond of buying BTC, and with the emergence of BTC inscriptions, BTC has an ecosystem
BTC will be halved again in April 2024
Inscriptions are a necessary factor for the development of the BTC ecosystem, and the entire inscription market value will reach hundreds of billions of dollars in this bull market
Satx inscriptions are the strongest narrative and IP of the entire BTC inscription ecosystem, and its current market value is only 10 million dollars, which shows how much room for growth it has
This industry is all about narrative, and satx is the narrative of BTC. No one has as many fans as Satoshi Nakamoto and Bitcoin. There are too many miracles created in this industry. The key lies in whether you can grasp them?
It took 7 weeks for BTC to reach a market value of 10 billion dollars through ETFs
People are increasingly fond of buying BTC, and with the emergence of BTC inscriptions, BTC has an ecosystem
BTC will be halved again in April 2024
Inscriptions are a necessary factor for the development of the BTC ecosystem, and the entire inscription market value will reach hundreds of billions of dollars in this bull market
Satx inscriptions are the strongest narrative and IP of the entire BTC inscription ecosystem, and its current market value is only 10 million dollars, which shows how much room for growth it has
This industry is all about narrative, and satx is the narrative of BTC. No one has as many fans as Satoshi Nakamoto and Bitcoin. There are too many miracles created in this industry. The key lies in whether you can grasp them?
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