Are there any limitations on the number of Bitcoin Cash coins that can be created?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, there is a limit on the number of Bitcoin Cash coins that can be created. The total supply of Bitcoin Cash is capped at 21 million coins, similar to Bitcoin. This limit is implemented through the consensus rules of the Bitcoin Cash protocol. As more coins are mined, the rate of new coin creation decreases over time, following a predetermined schedule. This ensures that the supply of Bitcoin Cash remains limited and prevents inflation.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Bitcoin Cash has a maximum supply of 21 million coins, just like its predecessor Bitcoin. This limit is designed to create scarcity and maintain the value of the cryptocurrency. The total supply is determined by the mining process, where miners solve complex mathematical problems to validate transactions and add new blocks to the blockchain. As more coins are mined, the difficulty of mining increases, making it harder to create new coins. This ensures a controlled and predictable supply of Bitcoin Cash.
  520174
• Dec 26, 2021 · 3 years ago
  Yes, there is a limit on the number of Bitcoin Cash coins that can ever exist. The maximum supply is set at 21 million coins, which is the same as Bitcoin. This limit is an important feature of Bitcoin Cash and ensures that the cryptocurrency remains scarce and valuable. It also provides a level of predictability and stability to the market. As of now, around 18.5 million Bitcoin Cash coins have been mined, leaving approximately 2.5 million coins left to be generated. Once the maximum supply is reached, no new coins will be created.
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