3 ms·
Not sure of the significance: https://en.bitcoin.it/wiki/Blocks#How_many_blocks_are_there.3F https://en.bitcoin.it/wiki/Blocks#How_many_blocks_are_there....
by buro9 13y ago
Not sure of the significance:
https://en.bitcoin.it/wiki/Blocks#How_many_blocks_are_there.3F https://en.bitcoin.it/wiki/Blocks#How_many_blocks_are_there....
What is the maximum number of blocks?
There is no maximum number, blocks just keep getting
added to the end of the chain at an average rate of
one every 10 minutes.
Even when all 21 million coins have been generated?
Yes. The blocks are for proving that transactions
existed at a particular time. Transactions will
still occur once all the coins have been generated,
so blocks will still be created as long as people
are trading Bitcoins.
- sp332 13y agoWell, I guess it's a continuation of Bitcoin mining being ahead of schedule. Discussion https://news.ycombinator.com/item?id=5780861 https://news.ycombinator.com/item?id=5780861 and since that article is dead, here's another one http://www.dailydot.com/business/bitcoin-mining-55-years-ahead-schedule/ http://www.dailydot.com/business/bitcoin-mining-55-years-ahe...
- shachar 13y agoIt's just a nice round number. The next halving of the coinbase reward is still far off.