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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Can Bitcoin also be issued more?
A wallet that has been dormant for 14.2 years, holding 10,000 BTC, is about to awaken. The owner of this address holds at least 80,000 BTC, with an original cost of $1.65 back in the day, now valued at 66,000 times that amount, bringing their net worth to $8 billion.
Popular science, ~
The address of Bitcoin is a unique identifier used to receive Bitcoin within the blockchain network, similar to a bank account number in the traditional financial system. It is generated by processing the public key through hash algorithms (such as SHA-256 and RIPEMD-160) and is a public string.
If you have the private key, then you own the Bitcoin assets in this address~
So the question arises ～
If many Bitcoin addresses are revived, can the value of Bitcoin remain stable at $110,000 per coin?
Why do Bitcoin addresses go dormant~
Due to the early Bitcoin ecosystem being imperfect, security vulnerabilities in exchanges were frequent (such as the Mt.Gox incident), and user assets were lost due to hacker attacks, exchange closures, etc., which caused the corresponding addresses to become dormant.
What do you think?
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