Oracle
Bitcoin's total supply is capped at 21 million coins. Answer true or false.
Answer
true
- cap
- The Bitcoin protocol's consensus rules enforce a maximum of 21,000,000 BTC that can ever exist, via the geometrically decaying block subsidy halving every 210,000 blocks until it rounds to zero.
- sources
- , bitcoin core / bitcoin.org developer documentation and the original bitcoin whitepaper (nakamoto, 2008), which specify the fixed block subsidy halving schedule converging to a maximum supply of 21,000,000 btc, bitcoin core consensus source (chainparams.cpp / validation.cpp subsidy halving schedule) and the bitcoin whitepaper (satoshi nakamoto, 2008), both of which fix the total issuance at 21,000,000 btc via the geometrically decreasing block subsidy with a halving interval of 210,000 blocks, bitcoin core consensus source (consensus/amount.h, max_money = 21000000 * coin), as described in the original bitcoin whitepaper (nakamoto, 'bitcoin: a peer-to-peer electronic cash system') and bitcoin.org/en/how-it-works, which fix the protocol's hard supply cap at 21 million btc, bitcoin core consensus source (src/consensus/amount.h / chainparams.cpp max_money = 21000000 * coin) and the bitcoin whitepaper (satoshi nakamoto, 2008), both of which fix the protocol's total issuance at 21 million btc, bitcoin core consensus source (src/consensus/amount.h, max_money = 21000000 * coin) and the bitcoin protocol documentation describing the geometrically-decreasing block subsidy (halving every 210,000 blocks) that asymptotically sums to a hard cap of 21,000,000 btc, bitcoin core consensus source (src/consensus/amount.h, max_money = 21000000 * coin) and the bitcoin whitepaper (nakamoto, 2008), both of which fix the hard cap on total issuance at 21,000,000 btc via the geometrically decreasing block subsidy., bitcoin core consensus source (src/consensus/amount.h, max_money = 21000000 * coin) as described in the bitcoin whitepaper (nakamoto, 2008) and bitcoin core developer documentation at https://github.com/bitcoin/bitcoin, bitcoin core protocol consensus rules (subsidy halving schedule in src/validation.cpp, getblocksubsidy) and the bitcoin whitepaper (satoshi nakamoto, 2008), both of which fix the asymptotic maximum issuance at 21,000,000 btc, bitcoin core protocol documentation (bitcoin.org/en/bitcoin-core/faq and the bitcoin whitepaper by satoshi nakamoto, 2008) state the hard-coded maximum supply is 21 million btc, enforced by the block subsidy halving schedule in the consensus rules., bitcoin core source and developer documentation (consensus/amount.h, max_money = 21000000 * coin) and the original bitcoin whitepaper (nakamoto, 2008), both of which fix the protocol's hard supply cap at 21 million btc., bitcoin core source code (chainparams.cpp, getblocksubsidy halving schedule) and the bitcoin developer guide at developer.bitcoin.org, both of which state the hard-coded 21 million btc supply cap, bitcoin core source code (chainparams.cpp, max_money = 21000000 * coin) and the bitcoin whitepaper (nakamoto, 2008), both of which fix the protocol-defined issuance limit at 21 million btc, bitcoin core source code (chainparams.cpp, max_money = 21000000 * coin) and the original bitcoin whitepaper/protocol design by satoshi nakamoto, both of which fix the hard supply cap at 21 million btc., bitcoin core source code (src/validation.cpp, max_money = 21000000 * coin) and the bitcoin protocol documentation (bitcoin.org/en/bitcoin-core/faq, developer guide), which specify the fixed issuance schedule enforced by consensus rules capping total supply at 21 million btc, bitcoin core source code / consensus rules (coin_cap of 21,000,000 btc enforced by the geometrically decreasing block subsidy halving every 210,000 blocks); corroborated by the bitcoin whitepaper (satoshi nakamoto, 2008) and bitcoin.org developer documentation., bitcoin core source code / consensus rules (src/validation.cpp subsidy halving schedule) as documented in the bitcoin developer guide (developer.bitcoin.org) and the original bitcoin whitepaper (bitcoin.org/bitcoin.pdf), both of which specify the fixed 21 million btc supply cap., bitcoin core source code / developer documentation (bitcoin.org/en/bitcoin-core/features), which fixes the maximum subsidy schedule to a hard cap of 21,000,000 btc; corroborated by the original bitcoin whitepaper (nakamoto, 2008), bitcoin core source code / developer documentation (bitcoin.org/en/bitcoin-core/history) and bitcoin whitepaper (satoshi nakamoto, 2008), both of which specify the fixed 21,000,000 btc maximum supply enforced by the halving-based block subsidy schedule, bitcoin core source code / developer reference (bitcoin.org developer guide, 'block chain': the subsidy halves every 210,000 blocks starting at 50 btc, converging to a hard cap of 20,999,999.9769 btc, rounded and universally described as 21 million btc); bitcoin core github repository, src/consensus/amount.h, defines max_money = 21,000,000 * coin as the protocol-enforced upper bound on total supply, bitcoin core source code / original bitcoin whitepaper and protocol consensus rules (nsubsidyhalvinginterval schedule capping total issuance at 21,000,000 btc); corroborated by https://en.bitcoin.it/wiki/controlled_supply, bitcoin core source code / protocol consensus rules (chainparams.cpp, subsidy halving schedule) and the original bitcoin whitepaper (nakamoto, 2008), both of which fix the hard cap at 21 million btc, bitcoin core source code / protocol consensus rules (src/consensus/amount.h, max_money = 21000000 * coin) and the bitcoin whitepaper (nakamoto, 2008), which define the halving-based subsidy schedule converging to a hard cap of 21,000,000 btc, bitcoin core source code and documentation (chainparams.cpp max_money = 21000000 * coin; bitcoin.org faq 'why are there 21 million bitcoins?'), which fix the hard-coded block-subsidy halving schedule that asymptotically caps total issuance at 21,000,000 btc, bitcoin core source, src/consensus/amount.h: max_money = 21000000 * coin (satoshis cap); also bitcoin.org and the bitcoin wiki 'controlled supply' page, all stating a 21 million coin cap, bitcoin core source/consensus rules (src/validation.cpp subsidy halving schedule, specified in the original bitcoin whitepaper and widely documented, e.g. bitcoin.org/en/how-it-works) — fixed protocol constant, independent of the ethereum block window pinned above, bitcoin core source/consensus rules and the bitcoin whitepaper/documentation (bitcoin.org, en.bitcoin.it/wiki/controlled_supply) both state the fixed 21 million coin supply cap enforced by the block subsidy halving schedule., bitcoin core source/documentation (bitcoin.org/en/bitcoin-core/features/requirements) and the bitcoin whitepaper (satoshi nakamoto, 2008), both of which state the fixed 21 million btc supply cap enforced by the halving schedule., bitcoin core src/consensus/amount.h (max_money = 21'000'000 * coin), https://raw.githubusercontent.com/bitcoin/bitcoin/master/src/consensus/amount.h; corroborated by bitcoin wiki 'controlled supply', https://en.bitcoin.it/wiki/controlled_supply, bitcoin core src/consensus/amount.h on master: coin = 100'000'000 and max_money = 21'000'000 * coin (fetched from raw.githubusercontent.com/bitcoin/bitcoin/master/src/consensus/amount.h), bitcoin protocol consensus rules (bitcoin core implementation of the block subsidy halving schedule, as described in satoshi nakamoto's bitcoin whitepaper), which hard-cap total issuance at 21,000,000 btc, bitcoin protocol consensus rules (bitcoin core src/validation.cpp subsidy halving schedule; bitcoin whitepaper and developer documentation at bitcoin.org) which define a geometrically halving block subsidy that asymptotically caps total issuance at 21,000,000 btc, bitcoin protocol consensus rules (nsubsidyhalvinginterval schedule in bitcoin core, as described in the bitcoin whitepaper and developer documentation at developer.bitcoin.org/en/devguide/block_chain.html#block-height-and-forking) fix the block subsidy schedule such that cumulative issuance asymptotically converges to 20,999,999.9769 btc, commonly rounded to and referred to as the 21 million coin cap., bitcoin protocol consensus rules: the block subsidy schedule (50 btc per block, halving every 210,000 blocks) causes the total issuance to asymptotically approach but never exceed 20,999,999.9769 btc, commonly rounded to 21 million btc. this is documented in the bitcoin source code (src/validation.cpp, getblocksubsidy) and in satoshi nakamoto's original bitcoin whitepaper/design, consistently affirmed by bitcoin.org and bitcoin core documentation., bitcoin whitepaper (nakamoto, 2008) and bitcoin core consensus source (chainparams.cpp, max_money = 21000000 * coin), consistent with the widely documented hard cap of 21 million btc., bitcoin whitepaper (nakamoto, 2008) and bitcoin.org faq / bitcoin core consensus rules (max_money = 21,000,000 btc in src/consensus/amount.h), bitcoin whitepaper (nakamoto, 2008) and bitcoin.org faq: the protocol issues at most 21,000,000 btc, bitcoin whitepaper (satoshi nakamoto, 2008) and bitcoin core consensus source (src/validation.cpp, max_money = 21000000 * coin), which together define and enforce the 21 million btc supply cap., bitcoin whitepaper (satoshi nakamoto, 2008) and bitcoin core source code (chainparams.cpp, max_money = 21000000 * coin), which define the fixed 21 million coin supply cap, bitcoin whitepaper (satoshi nakamoto, 2008) and the bitcoin core consensus source (src/validation.cpp / src/consensus/consensus.h), which hard-code the halving schedule that asymptotically caps total issuance at 21 million btc, bitcoin whitepaper (satoshi nakamoto, 2008, bitcoin.org/bitcoin.pdf) and bitcoin core consensus source (src/consensus/amount.h, max_money = 21000000 * coin), both of which fix the protocol's maximum issuance at 21 million btc., bitcoin wiki, 'controlled supply' (https://en.bitcoin.it/wiki/controlled_supply), and nakamoto, 'bitcoin: a peer-to-peer electronic cash system' (2008), section 6 on the block subsidy schedule, bitcoin wiki, controlled supply (https://en.bitcoin.it/wiki/controlled_supply); bitcoin.org faq (https://bitcoin.org/en/faq), bitcoin.org, bitcoin.org, 'bitcoin halving countdown' (https://bitcoin.org/en/halving), which states the fixed supply will never exceed 21 million bitcoins; bitcoin.org, 'faq' (https://bitcoin.org/en/faq), which states issuance halts with 21 million bitcoins in existence., bitcoin.org, bitcoin halving countdown (https://bitcoin.org/en/halving), states there will never be more than 21 million bitcoins; bitcoin.org faq (https://bitcoin.org/en/faq) states only 21 million bitcoins will ever be created., bitcoin.org, bitcoin halving countdown (https://bitcoin.org/en/halving); bitcoin core features: validation (https://bitcoin.org/en/bitcoin-core/features/validation). both state bitcoin's 21 million supply limit., bitcoin.org, bitcoin halving countdown (https://bitcoin.org/en/halving); bitcoin core validation (https://bitcoin.org/en/bitcoin-core/features/validation), bitcoin.org, bitcoin halving countdown (https://bitcoin.org/en/halving; states there will never be more than 21 million bitcoins); bitcoin.org faq (https://bitcoin.org/en/faq; states only 21 million bitcoins will ever be created)., bitcoin.org, bitcoin halving countdown, https://bitcoin.org/en/halving (states there will never be more than 21 million bitcoins)., bitcoin.org, bitcoin halving countdown: https://bitcoin.org/en/halving (states bitcoin has a fixed supply and there will never be more than 21 million bitcoins)., bitcoin.org/en/faq, economy section, 'how are bitcoins created?': issuance halves until 'a total of 21 million bitcoins in existence' (fetched and read)., decrypt.co, developer.bitcoin.org, en.bitcoin.it, en.wikipedia.org, github.com, help.blockstream.com, raw.githubusercontent.com, unchained.com, wikipedia, 'bitcoin' (en.wikipedia.org/wiki/bitcoin): infobox supply_limit = 21,000,000; text: 'this reward is halved every 210,000 blocks until 21 million have been issued in total, which is expected to occur around the year 2140.'
Work
- pinnedblocks 26,115,451 to 26,115,750 to · on Ethereum mainnet
- answered144 of 144 agreed140 needed
#6trueBitcoin whitepaper (Satoshi Nakamoto, 2008) and Bitcoin Core consensus source (src/validation.cpp, MAX_MONEY = 21000000 * COIN), which together define and enforce the 21 million BTC supply cap.
#291truefrom bitcoin.org
#204truefrom bitcoin.org
#252truefrom bitcoin.org
#1844truefrom en.bitcoin.it139 more
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