07 Feb '13, 9pm

@FreeSmart Here's an explanation of the limitation. The algorithm is in the code somewhere. It's a very promising idea.

@FreeSmart Here's an explanation of the limitation. The algorithm is in the code somewhere. It's a very promising idea.

A pre-defined schedule limits the total number of bitcoins so that they gradually approach a total of 21 million (ignoring those that have been lost through deleted or misplaced wallet files). The limit of 21 million bitcoins is "hard-wired" in to the protocol , and there will never be more bitcoins than this:

Full article: http://bitcoin.stackexchange.com/questions/161/how-many-b...

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