clearmined on Nostr: Block Quote: 823833 'Total circulation will be 21,000,000 coins. It'll be distributed ...
Block Quote: 823833
'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.' January 9, 2009 - Satoshi Nakamoto
Published at
2024-01-01 06:54:07Event JSON
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"pubkey": "6c8e2759618e4965a6f0a6e5f71d8f628f139be0e187e6b61d9f497c38a74e2d",
"created_at": 1704092047,
"kind": 1,
"tags": [],
"content": "Block Quote: 823833\n\n'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.\n\nfirst 4 years: 10,500,000 coins\nnext 4 years: 5,250,000 coins\nnext 4 years: 2,625,000 coins\nnext 4 years: 1,312,500 coins\netc...\n\nWhen 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.' January 9, 2009 - Satoshi Nakamoto",
"sig": "f8c94fdd084dd984835ee81f2e73054c1d5071bd297bc679e2b56fd05d4e5d538bc900fa5e6311006bec5fe22a3663c3dfe60fe70cf320a63139fa213a52ef7d"
}
