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<p></p> <p><b>New page</b></p><div>= Quest: Bitcoin Client Released =<br /> <br /> # Read the email where the Bitcoin client was released: <br /> [https://www.bitcoin.com/satoshi-archive/emails/cryptography/16/ Bitcoin Client Released] <br /> <br /> == Task ==<br /> <br /> # Read the email.<br /> # How many Bitcoins were mined in the first four years?<br /> <br /> == &#039;&#039;&#039;Exercise&#039;&#039;&#039; ==<br /> <br /> * The total number of Bitcoins will be capped at &#039;&#039;&#039;21 million&#039;&#039;&#039;. <br /> * Bitcoins are distributed to network nodes when they add blocks (transactions processed in blocks). <br /> * The reward amount is halved approximately every 4 years. <br /> <br /> &#039;&#039;&#039;Economic Incentive:&#039;&#039;&#039; <br /> <br /> * Network nodes receive Bitcoin as an incentive to process transactions and maintain the database. <br /> * It is anticipated that when block rewards diminish, the system will sustain itself through transaction fees determined by open market competition. <br /> * Some nodes may even process transactions for free, ensuring the network’s continued operation.</div>

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