Bitcoin - KaveriBridge/crypto GitHub Wiki

About

• Most popular cryptocurrency

Key information

• Launched: 2009
• Supply limit: 21 million
• Founder: Satoshi Nakamoto
• Algorithm: SHA-256 algorithm
• Proof of work

Status in exchanges

• Bitcoin in exchanges - https://www.viewbase.com/coin/bitcoin

Halving

• An event where the reward for mining new blocks is halved
• Miners receive 50% fewer bitcoins for verifying transactions.
• Scheduled to occur once every 210,000 blocks – roughly every four years

Event	Date	Block number	Block reward	New bitcoins
Bitcoin launches	Jan 2009	0	50 new BTC	10,500,000 BTC
First halving	Nov 2012	210,000	25 new BTC	5,250,000 BTC
Second halving	Jul 2016	420,000	12.5 new BTC	2,625,000 BTC
Third halving	2020	630,000	6.25 new BTC	1,312,500 BTC
Fourth halving	2024	740,000	3.125 new BTC	656,250 BTC
Fifth halving	2028	850,000	1.5625 new BTC	328,125 BTC

See also

• Wallet
• [Cryptocurrency]] : [[BitCoin]] ](/KaveriBridge/crypto/wiki/[Bitcoin-Cash) | [Ether]]