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Thread 60798905

11 posts 8 images 10 unique posters /biz/
Anonymous (ID: F9u/gPvh) No.60798905 >>60801154 >>60801200 >>60801388 >>60803294 >>60803745
You now know that Satoshi originally intended for Bitcoin's supply to grow forever with no limit.
Anonymous (ID: pUhcAuwX) No.60801154
>>60798905 (OP)
bump
Anonymous (ID: IO1849UA) No.60801200 >>60803294 >>60803366
>>60798905 (OP)
proof?
Anonymous (ID: VcJ78NQt) No.60801388 >>60803294
>>60798905 (OP)
Like a half life with halvening cycles you never be at 0 so after the 1 satoshi block reward cycle it should go to .5 sat block reward and then .25 and so on but that's over 100 years from now
Anonymous (ID: cOqlEh/L) No.60803294 >>60803298 >>60803328 >>60803366
>>60798905 (OP)
>>60801200
>>60801388
https://archive.is/5zPmi
Total circulation will be 21,000,000 coins. It'll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years.

first 4 years: 10,500,000 coins
next 4 years: 5,250,000 coins
next 4 years: 2,625,000 coins
next 4 years: 1,312,500 coins
etc...

When that runs out, the system can support transaction fees if needed. It's based on open market competition, and there will probably always be nodes willing to process transactions for free.
Anonymous (ID: cOqlEh/L) No.60803298
>>60803294
https://web.archive.org/web/20090131115053/http://bitcoin.org/
Anonymous (ID: j69Qx7Rh) No.60803316 >>60803366
Anonymous (ID: KQ3DxM+f) No.60803328
>>60803294
too think it was so easy all you had to do was run this program and 18 years later you'd be a hundred millionaire... baka
Anonymous (ID: 58dV14gI) No.60803359
>be me
>now know that Satoshi originally intended for Bitcoin's supply to grow forever with no limit
Anonymous (ID: ct43Xpzt) No.60803366
>>60801200
>>60803294
>>60803316
look up bip-0042
Anonymous (ID: V+E2oZNd) No.60803745
>>60798905 (OP)
Integrity dao is the first time Iโ€™ve seen a project where people brag about NOT selling. Like, imagine a thread where guys are posting screenshots of holding bags like war medals. Everyoneโ€™s so used to being NGMI, but here, being faithful to the cause actually pumps the price. Truly wholesome and profitable for me, a shorter