Cryptocurrency Q&A
Why are there only 21000000 bitcoins?
Why are there only 21000000 bitcoins?
CryptoLord
Wed Nov 27 2024
|
5 answers
886
I'm curious about the limited number of bitcoins. Why is it that there can only be 21 million bitcoins in existence? What's the reason behind this specific cap?
5 answers
KimonoGlory
Fri Nov 29 2024
Bitcoin has a predefined maximum total supply of 21 million coins.
Was this helpful?
74
99
KDramaLegendary
Fri Nov 29 2024
Due to the implementation of rounding operators within the Bitcoin codebase, it is highly unlikely that the exact number of 21 million Bitcoins will ever be issued.
Was this helpful?
278
67
Raffaele
Fri Nov 29 2024
These rounding mechanisms are inherent in the Bitcoin protocol and serve to manage the distribution and creation of new coins.
Was this helpful?
218
97
Silvia
Fri Nov 29 2024
As a result, the total number of Bitcoins in circulation will eventually approach but likely never quite reach the 21 million mark.
Was this helpful?
160
52
CryptoEnthusiast
Thu Nov 28 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and a secure wallet solution.
Was this helpful?
156
83
