From 8919f4fa6e1ede497718cb7a82e9e2c457fe7558 Mon Sep 17 00:00:00 2001 From: Alvin Tan <43322095+KidoVin01@users.noreply.github.com> Date: Thu, 6 Dec 2018 14:38:26 -0500 Subject: [PATCH] Updated info about bitcoin at the bottom (#25606) * Updated info about bitcoin at the bottom * fix: moved text to more appropriate section and cleaned up --- guide/english/blockchain/cryptocurrency/index.md | 2 ++ 1 file changed, 2 insertions(+) diff --git a/guide/english/blockchain/cryptocurrency/index.md b/guide/english/blockchain/cryptocurrency/index.md index 00816ad052..65d48397a3 100644 --- a/guide/english/blockchain/cryptocurrency/index.md +++ b/guide/english/blockchain/cryptocurrency/index.md @@ -21,6 +21,8 @@ Unlike normal currency, cryptocurrency is infinitely divisible and can be exchan Bitcoin is a deflationary currency as opposed to most Fiat currencies which are affected by inflation over time. There is a max cap on the amount of Bitcoins that can be mined which is 21 million. The circulating supply of Bitcoin has surpassed 17 million. This means that over 80% of the Bitcoins which will be ever be mined, have already been mined. +Upon the completion of mining, it does not necessarily mean the end of data mining as miners can still be incentivized in other methods, namely through transaction fees by other user in order to be included in the ledger. + It will take over 100 years to mine the last bitcoin, ensuring that this cryptocurrency will be a viable option to fiat currency for decades Every cryptocurrency has three layers: