1 thought on “Is the total amount of Bitcoin 21 million? Why?”
Ronald
The total amount of Bitcoin is limited, 21 million, but the smart humans invented a method, that is, dividing a small portion of a small portion. We know that a dollar is composed of ten corners, a hundred points, and a thousand axes ... and any of them can be divided into unlimitedly, no matter whether it is one point, one, one corner, one round, one round, one round, one round, one corner and one round. The limited amount of Bitcoin can also be divided infinitely in this way, endless, just like you cut the sausage with a kitchen knife, cut it directly to the day of death, and did not cut to the smallest unit. Therefore, the limited amount of Bitcoin is actually an endless huge black hole, which can accommodate the entire universe in. So my point is that Bitcoin is equal to black holes.
D vernacular, dry the goods! Bitcoin is a genius idea, distributed accounting system. In a math problem, do a bookkeeping, and the sum of the equal number column. The source of Bitcoin value, security, consensus, assets, technology Keywords: bookkeeping, equation, convergence, consensus, technology , Bitcoin white paper, genius ideas. 11 years ago, a pseudonym Nakamoto published a paper called Bitcoin White Paper, which introduced a genius idea in detail. I often say that it is human thought that leads this world. The things that people think of nothing in the past, what was very nonsense in the past, was often proven to be very popular in the future. That's how bitcoin is. Our bookkeeping in the past was often central, and one person always controls you. There is a financial department in the company, there is an accountant, and every account you transferred must be remembered. The banks in the bank always have a bookkeeping center. There is a system. How many accounts are transferred every day. Finally, a pair of accounts are required to think of ways. . Let me give an example. The earliest trust was born during the Crusades' East Expedition. At that time, many people were going to go out to fight, and they went out with their lives. A group of people take care of it. This group of people run your property for you, and with income, he will take a little bit from it. . It ’s like saying that there are 100 sheep in your family. You are going, your son is still there, you ca n’t let go of the sheep, you will hand over these sheep to some professional sheep people, the sheep will be the lamb. Divide. but there is a problem in the middle, who will supervise this matter? How do you know that he is An Anxin and let you go sheep? Or if he gives you your sheep, what should you do? This requires a set of accounting bookkeeping rules, that is, our entire audit system, using a set of borrowing. The duplex bookkeeping method is used to ensure that he should not be a mini. Of course, the finance can also be fake. This is equivalent to 100 sheep. He can narrow a little, a little, and you do n’t narrow 95, then it ’s not much interesting. but this central type of bookkeeping is always a problem. He knows that you don't know, the information is asymmetric. Some people have all the information, not everyone has information, which is very troublesome. and Nakamoto Introduced a distributed bookkeeping. Everyone can account for bookkeeping. Everyone accounts in a network and uses modern information technology. It solves this problem very well. Remembering it once, I announced him to the entire network. Everyone knows that everyone has confirmed my information, there are new people to account for accounts, and then announce the account to the full text. A string of a string of chain, which is the so -called blockchain. This thoughts solved something like someone who dropped your sheep, because everyone knew it. It is also prevented from making fakes. Once you make a fake, the person who will get the book will not be right with this time. And your matter is under the day of light. Everyone thinks that you have remembered it wrong, or if you deliberately fake it, you lose your credit. Next time you are not qualified for bookkeeping. Probably such an idea. of course, there are cryptography, consensus mechanisms, Bo Song distribution, etc. Many people have criticized what the value of Bitcoin comes from? Bitcoin has no government endorsement, I still say that, you believe in higher mathematics, you believe in Newton, you believe that Einstein is not because of their government endorsement. It's because of their superb technology. The true source of the value of Bitcoin is actually technology.
The second, what is Bitcoin? Just remember to make a book and do a mathematical problem. The equal number column and , what is Bitcoin? Why can its total number be counted at 21 million, and can it be calculated? It briefly, Bitcoin is a reward mechanism. Probably, when you have the qualifications for accounting, you can remember the account and pack your account after you record it. Remember to correct it, so you can get a reward. The provisions of Bitcoin are like this. When a person has the right to record all the transaction accounts that occur in these ten minutes, such as Zhang San gave Li 40 Bitcoin, Li Zi gave Wang 50 Bitcoin, Then you record them all. Then make a bag. You can get Bitcoin rewards, such as 40 20. Then who is qualified to record? This requires a way of screening, that is the calculation power. What's the meaning? If you want to get the qualifications of accounting, first of all, you have to calculate a mathematical equation and solve a mathematical problem. This equation is called the hash equation. It is easy to understand that this equation can be calculated and cannot be calculated. You know that X can find Y, but you know that Y cannot find X. what to do? Then you have only one by one to take into the trial. After the right, you will solve it. The way of this kind of thing is to continue to repeat the operation, just like a mining that takes a puppet, this is the mining of mining The meaning, it is a metaphor, means that you take one by one to try, not to say that you really have a few mining there. At the same time, the rules of Bitcoin stipulate that the Bitcoin reward obtained by everyone's bookkeeping every four years is halved. In other words, for the first time you can get ten, you can only get five in four years, and you can only get 2.5 in four years. This, if you calculate this total, the total number of Bitcoin will become a convergent equivalent scale. In other words, you can calculate its total through a mathematical formula. If according to the established rules, the total number is 21 million, of course, it can continue to subdivide into the decimal point, it seems to be eight. This has limited his total number.
third, the value source of Bitcoin. Finally, let's talk about the value of Bitcoin. I have said earlier that the real value of Bitcoin comes from technology, from mathematics, from cryptography, from the idea of genius, from his safety. It first talk about safety. I have introduced the operating mechanism of Bitcoin before. You must announce it to the entire network when you book the book. Robbing under the eyelids, there is something clear about everyone on you, you want to do bad things, this is almost impossible. At the same time, Bitcoin has been attacked many times, but he still has not defeated him and is still very safe. His data cannot be tampered with. If he proves that he is safe again and again, he will become more and more credit. Why are Bitcoin more and more valuable? Isn't it worthwhile before? Can its price increase by more than 10 million times? The reason is that more and more people believe in him, more and more people fancy him, and more and more people recognize him. If everyone recognizes Bitcoin, everyone thinks that Bitcoin is important, Bitcoin is reasonable, and Bitcoin is safe, then this consensus will become a belief. When a thing becomes faith, its value is self -evident. Finally, Bitcoin has the characteristics of assets. Strictly speaking, it should be counted as an intangible asset. This intangible asset characteristics are that it basically does not depreciate. You think that he was originally a virtual thing. It was exactly the same as that for ten years. It only existed in people's minds. . I have introduced the characteristics of assets many times before. Assets can be put for a long time. He is a durable product, so people buy it in fact for a higher income. Buying it tomorrow is more expensive than today. Buying it the day after tomorrow is more expensive and higher and higher. The assets are like this. conclusion. From the Bitcoin White Paper, a pseudo -Satoshi person has a genius idea to change the central account book to a distributed bookkeeping. This method of bookkeeping is not easy to be tampered with and is not easy to fake. It is a genius idea. The rules of Bitcoin stipulate that everyone reaches consensus, calculate a hash equation within a period of time, and obtain the right to pack and bookkeeping. At the same time, the accounts within ten minutes were announced to the entire network. Over time, Bitcoin's rewards continued to decrease by half. The total number of Bitcoin has become a sum of the equal ratio, and the total number of convergence is certain. The value of the value of Bitcoin is actually technology, in fact, it is security. In fact, it is a consensus mechanism. In fact, it is the characteristics of assets. Many valuable things in history are actually nihilla. What really controls human beings is actually human thought.
The total amount of Bitcoin is 21 million, yes, this is limited to death at the beginning of the source code. You can refer to the white paper of Bitcoin. This 1 bitcoin was obtained through mining, but it emphasized that the total amount of Bitcoin was 21 million, but this 1 bitcoin can be segmented. , which is a bitcoin, it can be subdivided into a very small and small. How small is it? The smallest unit of Bitcoin is 1 Cong, and 1 Bitcoin is equal to 100 million Cong. Is how did this Cong come from? It was because the inventor of Bitcoin was named Nakamoto. So if you are concerned, the number of Bitcoin can obtain by mining is 21 million. That's right! but if you get the transaction to get Bitcoin to subdivide. Essence Essence It can be subdivided into 1 Bitcoin and can be divided into 100 million Satoshi! Intersection The entire operating mechanism of Bitcoin is a physical gold that imitates, which is why many people call Bitcoin digital gold. And we know that gold as an element on the planet is scarce, which also leads to gold -led precious metals in the long history of human beings. Therefore, the initial number of Bitcoin is also limited, with a total of 21 million.
On October 31, 2008, a person signed by Nakamoto proposed a decentralized point -to -point transaction method on the Internet. It is called Bitcoin's white paper. There are clear regulations in Bitcoin's white paper. The upper limit of Bitcoin is a limited number of deaths of 21 million, and it can never tamper. This is a cornerstone that supports the current price of Bitcoin.
So we can see that the number of Bitcoin is not unlimited. The total number has a constant quantity of 21 million pieces. At present, the number of Bitcoin in circulation has exceeded 18 million The last bit of Bitcoin will be determined by its algorithm mechanism after 2100 years. The number of Bitcoin you understand is unlimited, and it should be its minimum value, but the total number of current circulation is 18 million Bitcoin, including nearly 4 million silences in the long history of the river. currency.
So I have time to look at the white paper published by Nakamoto in October 2008 in this 9 -page paper. The final blockchain technology is a gift brought by Bitcoin to the world. Is to answer first, the total amount of Bitcoin is 21 million. This is determined by the mechanism of Bitcoin. If it is not limited, Bitcoin has already died. It some comrades always hold the theory of "Bitcoin can be split infinitely". This is a typical without understanding Bitcoin. It is like a bottle of mineral water marking 600ml. You can drink a drop of 0.0001ml, drink thousands of times, or drink it in one breath. The bottle of water will be the fact that you drink tens of thousands of times, and change it is the fact that the total amount is 600ml? Don't you understand such a simple truth? As for the total amount of Bitcoin, in fact, to be precise, the total amount of Bitcoin was 2099,999.769 million, slightly lower than 21 million. Bitcoin generation plan: A calculation method of Bitcoin mining Bitcoin generates a block in 10 minutes, and takes the speed of 6 blocks per hour for 24 hours (daily) , 365 days (one year), last 4 years (one cycle). As a result, a total of 2,100,000 yuan was generated in a cycle. The rewards of all blocks gradually decreased from 50 to 25, and then gradually decreased to 12.5, so there were 50 25 12.5 6.25 3.125. Essence Essence = 100 rewards, two numbers multiplied can get 21 million Bitcoin. , that is, by 2140, Bitcoin will be completely excavated. Why are the total amount of Bitcoin only 21 million? Can't you get more? Let's talk about why the total amount of Bitcoin is 21 million. First, the total amount of bitcoin is designed by China. So far, he hasn't made it clear. So there are many speculations in the outside world. Now I will list the following 8 speculations.
Graimation 1: Because 21 is half of the final answer 42. Note: The answer is a joke. This clue comes from the bridge of the final answer in the movie "Guide to the Galaxy": the final answer of the universe is 42.
Graimation II: Because we live in the 21st century. Plerably: This is a bit far -fetched. three Guessing three: The principle of the setting of the center is to produce one block every 10 minutes, rewarding 50 coins, and halved within 4 years. The result is natural. The description: No one in China was intervened, but accepted the natural results.
Is Guess 4: All gold in the world melts together, this is a cube with a side length of about 21 meters. Note: The concept of China uses this concept to metaphorize Bitcoin is a virtual gold. Why are the total amount of Bitcoin only 21 million? Can't you get more? five Guessing five: Outsiders think that Nakamoto likes to play 21 points. The explanation: I did not explain this answer. 6 Ge speculation 6: 32-bit integer can store 2^31-1, that is. If you take the top 8 digits, it is 21474836.47 Bitcoin. That's 21 million. Note: I guess Ben Cong used 32 -bit accuracy integer in its initial development. Later, he found that the accuracy was not enough for a global currency, so he extended the two after the decimal point to 8 digits and changed 32 bits to 64 -bit storage. 7 Guess 7: Bitcoin is used to compare the total global economy. According to the current global economic level, the global economic aggregate estimates at a limit of 21 million. The description: I think this guess is more scientific.
In conjecture eight: According to the analysis of the founder of Ethereum Vetalik Butron, this value may be related to the integer data range supported by computer programming language. Compared with special currencies, it is also convenient for subsequent follow -up Developer's maintenance. Note: Bitcoin uses C programming language. Summary and analysis The above eight answers are speculated by the outside world. Because Nakamoto has not explained, we did not have a certain answer. Personally, I agree with V God. So what is the answer in your heart? The total amount is about 21 million, which is half a year every four years. It will be completely dug up in 2140. Since then, the mining will no longer produce BTCs. This logic is written in the code. The question is good, this question actually asked about the origin of digital currency. The sovereign government has the right to issue coins, and central banks of various countries will continue to issue currency, such as my country's issuance of RMB and US dollars in the United States. Because the sovereign government issued currency without restrictions, the large amount of currency caused inflation, and the money in the hands of residents continued to depreciate. . For example, when you were a kid, there were four steamed buns, now one yuan, one yuan, 2 yuan each. There are endless examples of price rise. In this case, the wealth of residents' hard work is always shrinking, and people must be busy forever. If you have accumulated wealth at the age of 30, you are enough for you to spend the rest of your life. However, if we can't keep wealth appreciation, you will find that there will be no more than food when you are 60 years old. In order to fight against this currency depreciation, smart creators have created digital currencies that must be limited. Bitcoin is the pioneer, with only 21 million, and does not belong to any government management. D digital currency is created because of this. As for how Bitcoin ensures that the total amount is only 21 million, this is another problem. If you are interested, you can discuss it again. D digital currency development is in the ascendant, reflecting the cherishment of residents' wealth accumulated by residents. The sovereign government can "plunder" wealth invisible and promote the development of new digital currency things.
The people who have unlimited Bitcoin can tell things at all. I don't recommend you to buy bitcoin, but this principle must be clear that "unlimited division" and "total infinite" are two different things. The first talk about the total amount, why is it infinitely unlimited, it does not mean that the total amount is unlimited. The total amount of bitcoin is indeed 21 million. You can understand the number of Bitcoin as a super difficult equation solution. This solution has a total of 21 million. This is a proveable mathematical theorem, so the total amount is certain. If you have a bitcoin, it is equivalent , Recorded on the chain of Bitcoin, and cannot be tampered with. And Bitcoin cannot be issued more. Then many people said that Bitcoin is not 21 million, because Bitcoin is infinitely divided, you can have 0.1 Bitcoin, 0.01 Bitcoin, 0.001 Bitcoin, so Bitcoin is infinite. Ilaboly Bitcoin is infinitely divided into this, but it is said that Bitcoin is unlimited, but it is nonsense. In the case of a certain amount, no matter how you continue to divide, how much, how much you are, you have 10 Bitcoin, so no matter how the remaining 20 million continues to be divided, you will always be you will always be With a Bitcoin component of 10/21000000, he will not have 100 Bitcoin into 100 copies because someone has more Bitcoin than you. Similarly, because you continue to divide these 10 bitcoins into 1,000 points, you have a Bitcoin component of more than 10/21000000. But the traditional currency is different. Assuming that the total currency circulating in the market is 10 million and you have 100,000, then you have 1/100 currency. I assume that you do n’t move this 100,000, and then the country issues 10 million currencies, then the amount of currency you own will become 1/200. So when you do nothing, your currency depreciates. one of the reasons for Bitcoin is that there is no such central bank that can issue currency casually, causing the currency depreciation in the hand. of course, the country is not casually sent, but compared to the constant Bitcoin with the total amount, the central bank's elasticity in this area is too great. In infinitely divided into a math game, which is a math game. In theory, any currency is infinitely divided. The currency is infinitely divided, but the Bitcoin is achieved through the program code, which is easier to achieve.
do you understand the scam just like the US dollar at the beginning. When the value comes up, you can cut the world's chives, or our country is great. Bitcoin China transactions are prohibited.
The total amount of Bitcoin is limited, 21 million, but the smart humans invented a method, that is, dividing a small portion of a small portion. We know that a dollar is composed of ten corners, a hundred points, and a thousand axes ... and any of them can be divided into unlimitedly, no matter whether it is one point, one, one corner, one round, one round, one round, one round, one corner and one round. The limited amount of Bitcoin can also be divided infinitely in this way, endless, just like you cut the sausage with a kitchen knife, cut it directly to the day of death, and did not cut to the smallest unit. Therefore, the limited amount of Bitcoin is actually an endless huge black hole, which can accommodate the entire universe in. So my point is that Bitcoin is equal to black holes.
D vernacular, dry the goods!
Bitcoin is a genius idea, distributed accounting system.
In a math problem, do a bookkeeping, and the sum of the equal number column.
The source of Bitcoin value, security, consensus, assets, technology
Keywords: bookkeeping, equation, convergence, consensus, technology
, Bitcoin white paper, genius ideas.
11 years ago, a pseudonym Nakamoto published a paper called Bitcoin White Paper, which introduced a genius idea in detail. I often say that it is human thought that leads this world.
The things that people think of nothing in the past, what was very nonsense in the past, was often proven to be very popular in the future. That's how bitcoin is.
Our bookkeeping in the past was often central, and one person always controls you. There is a financial department in the company, there is an accountant, and every account you transferred must be remembered.
The banks in the bank always have a bookkeeping center. There is a system. How many accounts are transferred every day. Finally, a pair of accounts are required to think of ways.
. Let me give an example. The earliest trust was born during the Crusades' East Expedition. At that time, many people were going to go out to fight, and they went out with their lives. A group of people take care of it. This group of people run your property for you, and with income, he will take a little bit from it.
. It ’s like saying that there are 100 sheep in your family. You are going, your son is still there, you ca n’t let go of the sheep, you will hand over these sheep to some professional sheep people, the sheep will be the lamb. Divide.
but there is a problem in the middle, who will supervise this matter? How do you know that he is An Anxin and let you go sheep? Or if he gives you your sheep, what should you do?
This requires a set of accounting bookkeeping rules, that is, our entire audit system, using a set of borrowing. The duplex bookkeeping method is used to ensure that he should not be a mini. Of course, the finance can also be fake. This is equivalent to 100 sheep. He can narrow a little, a little, and you do n’t narrow 95, then it ’s not much interesting.
but this central type of bookkeeping is always a problem. He knows that you don't know, the information is asymmetric. Some people have all the information, not everyone has information, which is very troublesome.
and Nakamoto Introduced a distributed bookkeeping. Everyone can account for bookkeeping. Everyone accounts in a network and uses modern information technology. It solves this problem very well.
Remembering it once, I announced him to the entire network. Everyone knows that everyone has confirmed my information, there are new people to account for accounts, and then announce the account to the full text. A string of a string of chain, which is the so -called blockchain.
This thoughts solved something like someone who dropped your sheep, because everyone knew it. It is also prevented from making fakes. Once you make a fake, the person who will get the book will not be right with this time. And your matter is under the day of light. Everyone thinks that you have remembered it wrong, or if you deliberately fake it, you lose your credit. Next time you are not qualified for bookkeeping. Probably such an idea.
of course, there are cryptography, consensus mechanisms, Bo Song distribution, etc. Many people have criticized what the value of Bitcoin comes from? Bitcoin has no government endorsement, I still say that, you believe in higher mathematics, you believe in Newton, you believe that Einstein is not because of their government endorsement. It's because of their superb technology. The true source of the value of Bitcoin is actually technology.
The second, what is Bitcoin? Just remember to make a book and do a mathematical problem. The equal number column and
, what is Bitcoin? Why can its total number be counted at 21 million, and can it be calculated?
It briefly, Bitcoin is a reward mechanism. Probably, when you have the qualifications for accounting, you can remember the account and pack your account after you record it. Remember to correct it, so you can get a reward.
The provisions of Bitcoin are like this. When a person has the right to record all the transaction accounts that occur in these ten minutes, such as Zhang San gave Li 40 Bitcoin, Li Zi gave Wang 50 Bitcoin, Then you record them all. Then make a bag. You can get Bitcoin rewards, such as 40 20.
Then who is qualified to record? This requires a way of screening, that is the calculation power. What's the meaning? If you want to get the qualifications of accounting, first of all, you have to calculate a mathematical equation and solve a mathematical problem. This equation is called the hash equation. It is easy to understand that this equation can be calculated and cannot be calculated. You know that X can find Y, but you know that Y cannot find X.
what to do? Then you have only one by one to take into the trial. After the right, you will solve it. The way of this kind of thing is to continue to repeat the operation, just like a mining that takes a puppet, this is the mining of mining The meaning, it is a metaphor, means that you take one by one to try, not to say that you really have a few mining there. At the same time, the rules of Bitcoin stipulate that the Bitcoin reward obtained by everyone's bookkeeping every four years is halved. In other words, for the first time you can get ten, you can only get five in four years, and you can only get 2.5 in four years.
This, if you calculate this total, the total number of Bitcoin will become a convergent equivalent scale. In other words, you can calculate its total through a mathematical formula. If according to the established rules, the total number is 21 million, of course, it can continue to subdivide into the decimal point, it seems to be eight. This has limited his total number.
third, the value source of Bitcoin.
Finally, let's talk about the value of Bitcoin. I have said earlier that the real value of Bitcoin comes from technology, from mathematics, from cryptography, from the idea of genius, from his safety.
It first talk about safety. I have introduced the operating mechanism of Bitcoin before. You must announce it to the entire network when you book the book. Robbing under the eyelids, there is something clear about everyone on you, you want to do bad things, this is almost impossible. At the same time, Bitcoin has been attacked many times, but he still has not defeated him and is still very safe. His data cannot be tampered with. If he proves that he is safe again and again, he will become more and more credit.
Why are Bitcoin more and more valuable? Isn't it worthwhile before? Can its price increase by more than 10 million times? The reason is that more and more people believe in him, more and more people fancy him, and more and more people recognize him. If everyone recognizes Bitcoin, everyone thinks that Bitcoin is important, Bitcoin is reasonable, and Bitcoin is safe, then this consensus will become a belief. When a thing becomes faith, its value is self -evident.
Finally, Bitcoin has the characteristics of assets. Strictly speaking, it should be counted as an intangible asset. This intangible asset characteristics are that it basically does not depreciate. You think that he was originally a virtual thing. It was exactly the same as that for ten years. It only existed in people's minds.
. I have introduced the characteristics of assets many times before. Assets can be put for a long time. He is a durable product, so people buy it in fact for a higher income. Buying it tomorrow is more expensive than today. Buying it the day after tomorrow is more expensive and higher and higher. The assets are like this.
conclusion. From the Bitcoin White Paper, a pseudo -Satoshi person has a genius idea to change the central account book to a distributed bookkeeping. This method of bookkeeping is not easy to be tampered with and is not easy to fake. It is a genius idea.
The rules of Bitcoin stipulate that everyone reaches consensus, calculate a hash equation within a period of time, and obtain the right to pack and bookkeeping. At the same time, the accounts within ten minutes were announced to the entire network. Over time, Bitcoin's rewards continued to decrease by half. The total number of Bitcoin has become a sum of the equal ratio, and the total number of convergence is certain.
The value of the value of Bitcoin is actually technology, in fact, it is security. In fact, it is a consensus mechanism. In fact, it is the characteristics of assets. Many valuable things in history are actually nihilla. What really controls human beings is actually human thought.
The total amount of Bitcoin is 21 million, yes, this is limited to death at the beginning of the source code. You can refer to the white paper of Bitcoin. This 1 bitcoin was obtained through mining, but it emphasized that the total amount of Bitcoin was 21 million, but this 1 bitcoin can be segmented.
, which is a bitcoin, it can be subdivided into a very small and small. How small is it?
The smallest unit of Bitcoin is 1 Cong, and 1 Bitcoin is equal to 100 million Cong.
Is how did this Cong come from? It was because the inventor of Bitcoin was named Nakamoto.
So if you are concerned, the number of Bitcoin can obtain by mining is 21 million. That's right!
but if you get the transaction to get Bitcoin to subdivide. Essence Essence It can be subdivided into 1 Bitcoin and can be divided into 100 million Satoshi! Intersection
The entire operating mechanism of Bitcoin is a physical gold that imitates, which is why many people call Bitcoin digital gold. And we know that gold as an element on the planet is scarce, which also leads to gold -led precious metals in the long history of human beings. Therefore, the initial number of Bitcoin is also limited, with a total of 21 million.
On October 31, 2008, a person signed by Nakamoto proposed a decentralized point -to -point transaction method on the Internet. It is called Bitcoin's white paper. There are clear regulations in Bitcoin's white paper. The upper limit of Bitcoin is a limited number of deaths of 21 million, and it can never tamper. This is a cornerstone that supports the current price of Bitcoin.
So we can see that the number of Bitcoin is not unlimited. The total number has a constant quantity of 21 million pieces. At present, the number of Bitcoin in circulation has exceeded 18 million The last bit of Bitcoin will be determined by its algorithm mechanism after 2100 years. The number of Bitcoin you understand is unlimited, and it should be its minimum value, but the total number of current circulation is 18 million Bitcoin, including nearly 4 million silences in the long history of the river. currency.
So I have time to look at the white paper published by Nakamoto in October 2008 in this 9 -page paper. The final blockchain technology is a gift brought by Bitcoin to the world.
Is to answer first, the total amount of Bitcoin is 21 million. This is determined by the mechanism of Bitcoin. If it is not limited, Bitcoin has already died.
It some comrades always hold the theory of "Bitcoin can be split infinitely". This is a typical without understanding Bitcoin.
It is like a bottle of mineral water marking 600ml. You can drink a drop of 0.0001ml, drink thousands of times, or drink it in one breath.
The bottle of water will be the fact that you drink tens of thousands of times, and change it is the fact that the total amount is 600ml? Don't you understand such a simple truth?
As for the total amount of Bitcoin, in fact, to be precise, the total amount of Bitcoin was 2099,999.769 million, slightly lower than 21 million.
Bitcoin generation plan:
A calculation method of Bitcoin mining
Bitcoin generates a block in 10 minutes, and takes the speed of 6 blocks per hour for 24 hours (daily) , 365 days (one year), last 4 years (one cycle). As a result, a total of 2,100,000 yuan was generated in a cycle. The rewards of all blocks gradually decreased from 50 to 25, and then gradually decreased to 12.5, so there were 50 25 12.5 6.25 3.125. Essence Essence = 100 rewards, two numbers multiplied can get 21 million Bitcoin.
, that is, by 2140, Bitcoin will be completely excavated.
Why are the total amount of Bitcoin only 21 million? Can't you get more?
Let's talk about why the total amount of Bitcoin is 21 million. First, the total amount of bitcoin is designed by China. So far, he hasn't made it clear. So there are many speculations in the outside world. Now I will list the following 8 speculations.
Graimation 1: Because 21 is half of the final answer 42.
Note: The answer is a joke. This clue comes from the bridge of the final answer in the movie "Guide to the Galaxy": the final answer of the universe is 42.
Graimation II: Because we live in the 21st century.
Plerably: This is a bit far -fetched.
three
Guessing three: The principle of the setting of the center is to produce one block every 10 minutes, rewarding 50 coins, and halved within 4 years. The result is natural.
The description: No one in China was intervened, but accepted the natural results.
Is Guess 4: All gold in the world melts together, this is a cube with a side length of about 21 meters.
Note: The concept of China uses this concept to metaphorize Bitcoin is a virtual gold.
Why are the total amount of Bitcoin only 21 million? Can't you get more?
five
Guessing five: Outsiders think that Nakamoto likes to play 21 points.
The explanation: I did not explain this answer.
6
Ge speculation 6: 32-bit integer can store 2^31-1, that is. If you take the top 8 digits, it is 21474836.47 Bitcoin. That's 21 million.
Note: I guess Ben Cong used 32 -bit accuracy integer in its initial development. Later, he found that the accuracy was not enough for a global currency, so he extended the two after the decimal point to 8 digits and changed 32 bits to 64 -bit storage.
7
Guess 7: Bitcoin is used to compare the total global economy. According to the current global economic level, the global economic aggregate estimates at a limit of 21 million.
The description: I think this guess is more scientific.
In conjecture eight: According to the analysis of the founder of Ethereum Vetalik Butron, this value may be related to the integer data range supported by computer programming language. Compared with special currencies, it is also convenient for subsequent follow -up Developer's maintenance.
Note: Bitcoin uses C programming language.
Summary and analysis
The above eight answers are speculated by the outside world. Because Nakamoto has not explained, we did not have a certain answer. Personally, I agree with V God. So what is the answer in your heart?
The total amount is about 21 million, which is half a year every four years. It will be completely dug up in 2140. Since then, the mining will no longer produce BTCs.
This logic is written in the code.
The question is good, this question actually asked about the origin of digital currency.
The sovereign government has the right to issue coins, and central banks of various countries will continue to issue currency, such as my country's issuance of RMB and US dollars in the United States. Because the sovereign government issued currency without restrictions, the large amount of currency caused inflation, and the money in the hands of residents continued to depreciate.
. For example, when you were a kid, there were four steamed buns, now one yuan, one yuan, 2 yuan each. There are endless examples of price rise.
In this case, the wealth of residents' hard work is always shrinking, and people must be busy forever. If you have accumulated wealth at the age of 30, you are enough for you to spend the rest of your life. However, if we can't keep wealth appreciation, you will find that there will be no more than food when you are 60 years old.
In order to fight against this currency depreciation, smart creators have created digital currencies that must be limited. Bitcoin is the pioneer, with only 21 million, and does not belong to any government management.
D digital currency is created because of this. As for how Bitcoin ensures that the total amount is only 21 million, this is another problem. If you are interested, you can discuss it again.
D digital currency development is in the ascendant, reflecting the cherishment of residents' wealth accumulated by residents. The sovereign government can "plunder" wealth invisible and promote the development of new digital currency things.
The people who have unlimited Bitcoin can tell things at all. I don't recommend you to buy bitcoin, but this principle must be clear that "unlimited division" and "total infinite" are two different things.
The first talk about the total amount, why is it infinitely unlimited, it does not mean that the total amount is unlimited. The total amount of bitcoin is indeed 21 million. You can understand the number of Bitcoin as a super difficult equation solution. This solution has a total of 21 million. This is a proveable mathematical theorem, so the total amount is certain. If you have a bitcoin, it is equivalent , Recorded on the chain of Bitcoin, and cannot be tampered with. And Bitcoin cannot be issued more.
Then many people said that Bitcoin is not 21 million, because Bitcoin is infinitely divided, you can have 0.1 Bitcoin, 0.01 Bitcoin, 0.001 Bitcoin, so Bitcoin is infinite.
Ilaboly Bitcoin is infinitely divided into this, but it is said that Bitcoin is unlimited, but it is nonsense.
In the case of a certain amount, no matter how you continue to divide, how much, how much you are, you have 10 Bitcoin, so no matter how the remaining 20 million continues to be divided, you will always be you will always be With a Bitcoin component of 10/21000000, he will not have 100 Bitcoin into 100 copies because someone has more Bitcoin than you. Similarly, because you continue to divide these 10 bitcoins into 1,000 points, you have a Bitcoin component of more than 10/21000000.
But the traditional currency is different. Assuming that the total currency circulating in the market is 10 million and you have 100,000, then you have 1/100 currency.
I assume that you do n’t move this 100,000, and then the country issues 10 million currencies, then the amount of currency you own will become 1/200.
So when you do nothing, your currency depreciates.
one of the reasons for Bitcoin is that there is no such central bank that can issue currency casually, causing the currency depreciation in the hand.
of course, the country is not casually sent, but compared to the constant Bitcoin with the total amount, the central bank's elasticity in this area is too great.
In infinitely divided into a math game, which is a math game. In theory, any currency is infinitely divided. The currency is infinitely divided, but the Bitcoin is achieved through the program code, which is easier to achieve.
do you understand the scam just like the US dollar at the beginning. When the value comes up, you can cut the world's chives, or our country is great. Bitcoin China transactions are prohibited.