Post
Topic
Board Altcoin Discussion
Re: Who decides the total number of coins?
by
Ayers
on 08/08/2014, 18:46:44 UTC
was arbitratry for bitcoin also? i remember 21M come up from a math equation or some other calculation


50 BTC every 10 minutes, halved every 4 years --> 21 million BTC total

Other coins use different numbers and different distribution plans. Many coins are not capped.

so satoshi started from the block reward, to build bitcoin

Not really. You can also start from the total number and then work backwards.  Smiley

then my point stand, why he choose 21M? you know you could change 10 to 12, 50 to 60 ecc...