The maximum number of bitcoins, set at 21 million (rounded), is a key feature of the bitcoin protocol for many of its adherents, myself included. So I wanted to understand how this limit is implemented in the bitcoin source code, and what ensures that said limit of 21 millions bitcoins will never be altered. The limit of 21 million bitcoins is …
A recurring question I hear from friends who are new to bitcoin is “What is the bitcoin halving?”. Bitcoin miners are incentivized to secure the bitcoin network with the coinbase reward. The coinbase reward is an amount of new bitcoin that is created each time a block is added to the bitcoin blockchain. The coinbase reward decreases by a factor …
Genesis Block BVBA
Avenue Winston Churchill 220
1180 Uccle
Belgium
BTW: BE0685844735
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