Linked Questions

0
votes
0answers
35 views

basics of cryptocurrency [duplicate]

I recently became interested in cryptocurrency and its mining process but there are a few things I don't understand very well and I am still trying to learn the basics more before getting into trading ...
4
votes
1answer
457 views

Who decides the block reward in Bitcoin?

I know that when a miner mines a block, he will be rewarded with some bitcoins. But who decides how much bitcoin he will get? If it is decided by all the miners (as they are the ones verifying ...
4
votes
3answers
465 views

What prevents miners from mining more bitcoin after 21million btc?

What prevents miners from mining more bitcoin after 21million btc was mined?
1
vote
1answer
62 views

Is it technically possible to change the total amount of Bitcoin?

Also, is it possible to change the reward cycle duration or the number of mining- reward coins?
4
votes
2answers
96 views

How do fees get processed in bitcoin? (protocol question)

If the fee isn’t written into the ledger, and it’s just the difference between the input transaction amount and the output transaction amount, how does the miner prove he has access in his wallet to ...
1
vote
1answer
591 views

When will there be no 'mineable' bitcoins left?

At today's rate of progression when will the market cap of 21 million be reached? If bitcoin increases at such a rate. In addition to this, is it true that when the market cap is reached, miners will ...
2
votes
2answers
121 views

Is it possible that bitcoin community along with core developers introduce new bitcoins into the system for the good cause?

I want to create a imaginary scenario here to clarify my question. Let's say, a bitcoin community is thriving at Cuba. Somehow few thousand Cubians manage to relocate at the remote location at Cuba ...
2
votes
1answer
86 views

What is the exact value of upcoming block rewards?

Wrote a simple script that literally just halves 50 BTC (the initial block reward). Are these block rewards correct or are the satoshis being rounded up/down incorrectly? 50.00000000 25.00000000 12....
1
vote
1answer
2k views

Why is the hashrate getting so high?

The Bitcoin hash rate is MASSIVE right now. What exactly causes the hashrate to increase?
1
vote
2answers
163 views

Beginner's Explanation [closed]

I'm interested in learning more about how bitcoin, mining, and blockchain technology work. I'm a student and don't have a strong background in computing, and I'm looking for a layman's explanation of ...
2
votes
1answer
183 views

How come the block reward keeps only getting halved but there is an upper limit for bitcoins in existance?

The maximum number of bitcoins that can exist is 21 million. New bitcoins are made by confirming that transactions happened. Every 4 years the amount of bitcoins people get when they solve a block is ...
54
votes
3answers
17k views

Will there be 21 million bitcoins eventually?

Every x blocks the mining reward is halved. Will the reward be halved forever such that we never quite reach 21 million bitcoins, or will we reach 21 million bitcoins at some point and will the reward ...
3
votes
6answers
10k views

Who issues bitcoins and how?

I can't find information on who actually issues the bitcoins. I understand that miners generate new bitcoins but what party is responsible for issuance?
4
votes
3answers
10k views

How could the dogecoin increase the limit of money supply?

As far as I know, Dogecoin will only have 100,000,000,000 coins in total. But how can the supply of coins remain uncapped? How could it produce unlimited dogecoins? Is there any specific skill to make ...
1
vote
4answers
728 views

Do all Bitcoin alternatives need to have a coin limit?

In the Netherlands, it was just in the news the e-gulden was launched. Before we got the Euro (€) we had that currency in our country. An E-gulden (EFL) is currently 50 EFL = €1,50 But is there for ...

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