Bitcoin trading cap
The total number of bitcoins is 21 million
in 2009, when bitcoin was born, block reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25
when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million
extended data
monetary characteristics
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform mining: users can explore the computing power of different hardware on many platforms
From the current technology, the next bitcoin in the bitcoin data structure can be divided into 8 decimal places, so the minimum unit of bitcoin is 0.00000001btc, but the transaction can not be so small
according to the statistics of bitbao, at present, the common minimum trading unit of bitcoin trading platform in China is 0.01btc, so the 0.0001 proposed by the owner is not available for sale< br />
the risk of all financial procts is that after the depreciation of the financial procts, they may not appreciate or return to the price when you bought them on time
that is, your property is trapped in it, and you are unwilling to sell it after devaluation. Wait, I don't know that you can't get it back until the end of the year. Maybe, just like China's stock market, you can't stop losing. The more you wait, the more you lose
