btc 303
Bitcoin Development Philosophy
Sign in
Sign in
Learn anytime
Self-paced courses
Live classes
Teacher-led courses
Tutorials
Resources
Events
Certifications
Educator content
Language
Learn anytime
Self-paced courses
Live classes
Teacher-led courses
Tutorials
Resources
Events
Certifications
Educator content
Course
Overview
Diploma
Credits
Course
Overview
Diploma
Credits
Course
Overview
Diploma
Credits
Save your progress
Bitcoin Central Values
Finite supply
Bitcoin Development Philosophy
Finite supply
What you will learn:
Block subsidy and transaction fees
Conclusion about Finite Supply
Quiz
Quiz
btc303
2.4
1/5
What is the main reason why the actual circulating supply of Bitcoin will be significantly lower than the theoretical maximum of approximately 21 million BTC?
a
Mining difficulty adjustments automatically reduce the total supply to maintain scarcity over time
b
The Bitcoin protocol automatically locks coins that haven't moved for extended periods to prevent inflation
c
Transaction fees are burned during processing, gradually decreasing the available bitcoin supply
d
Lost private keys, wallet theft, and coins sent to wrong addresses permanently remove bitcoins from circulation
Complete chapter
'%3e%3crect%20x='109.185'%20y='253.397'%20width='350.859'%20height='857.656'%20fill='white'/%3e%3cpath%20d='M274.77%20708.572H233.194V888.205H286.632C302.651%20888.205%20314.635%20883.711%20322.461%20875.088C330.287%20866.465%20334.322%20851.404%20334.322%20830.149V779.138C334.322%20752.539%20329.797%20734.2%20320.382%20723.997C310.966%20713.795%20295.681%20708.451%20274.77%20708.451V708.572Z'%20fill='%23FF5C00'/%3e%3cpath%20d='M310.966%20610.558C320.015%20601.206%20324.539%20585.295%20324.539%20563.19V530.518C324.539%20490.559%20308.887%20470.519%20277.705%20470.033H232.949V624.768H269.512C287.977%20624.768%20302.039%20619.91%20311.088%20610.436L310.966%20610.558Z'%20fill='%23FF5C00'/%3e%3cpath%20d='M277.582%200C124.362%200%200%20123.399%200%20275.704V1069.3C0%201221.48%20124.239%201345%20277.582%201345C430.803%201345%20555.165%201221.6%20555.165%201069.3V275.704C555.165%20123.52%20430.926%200%20277.582%200ZM426.523%20833.064C426.523%20878.367%20414.539%20912.739%20390.817%20936.423C375.898%20951.241%20356.7%20961.322%20333.221%20966.909V987.677C333.221%201002.5%20320.993%201014.64%20306.075%201014.64C291.156%201014.64%20278.805%201002.5%20278.805%20987.677V971.888H232.949V987.677C232.949%201002.5%20220.721%201014.64%20205.803%201014.64C190.884%201014.64%20178.655%201002.5%20178.655%20987.677V971.888H170.218C150.53%20971.888%20140.625%20962.05%20140.625%20942.496V415.743C140.625%20396.188%20150.53%20386.35%20170.218%20386.35H178.655V357.201C178.655%20342.383%20190.884%20330.238%20205.803%20330.238C220.721%20330.238%20232.949%20342.383%20232.949%20357.201V386.35H278.805V357.201C278.805%20342.383%20291.034%20330.238%20306.075%20330.238C321.115%20330.238%20333.221%20342.383%20333.221%20357.201V388.78C333.221%20389.994%20332.977%20391.087%20332.855%20392.18C354.499%20397.524%20371.863%20406.512%20384.703%20419.386C406.469%20441.491%20417.597%20475.377%20417.597%20521.045V544.364C417.597%20604.363%20397.42%20642.743%20357.556%20659.14V660.719C403.656%20676.265%20426.646%20717.074%20426.646%20782.782V833.064H426.523Z'%20fill='%23FF5C00'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_1_174'%3e%3crect%20width='555'%20height='1345'%20fill='white'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e)
'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.6235827664399093s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(30%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.5668934240362812s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(60%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.5102040816326531s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(90%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.4535147392290249s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(120%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.3968253968253968s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(150%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.3401360544217687s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(180%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.2834467120181406s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(210%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.22675736961451246s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(240%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.17006802721088435s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(270%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.11337868480725623s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(300%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.056689342403628114s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(330%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='0s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%3e%3c/g%3e%3c/g%3e%3c!--%20[ldio]%20generated%20by%20https://loading.io%20--%3e%3c/svg%3e)