What is the significance of the number 84 in the world of cryptocurrency?

3 answers

• Nordentoft GoldmanMay 14, 2023 · 2 years ago
  The number 84 is significant in the world of cryptocurrency because it represents the total supply of a popular cryptocurrency called Litecoin. Litecoin, often referred to as the silver to Bitcoin's gold, was created by Charlie Lee, a former Google engineer. The total supply of Litecoin is capped at 84 million coins, which is four times the supply of Bitcoin. This limited supply ensures scarcity and can potentially drive up the value of Litecoin in the long run.
  466

  233
• Jaya ShreeJan 09, 2022 · 4 years ago
  Ah, the number 84 in the world of cryptocurrency! It's all about Litecoin, my friend. You see, Litecoin has a total supply of 84 million coins. That's quite a lot, considering Bitcoin only has 21 million. But hey, more coins means more opportunities, right? Some people believe that the larger supply of Litecoin makes it more accessible and affordable for everyday transactions. So, if you're looking for a cryptocurrency that's not as expensive as Bitcoin but still has potential, keep an eye on Litecoin!
  507

  169
• feiji11Apr 21, 2021 · 4 years ago
  The number 84 has a special significance in the world of cryptocurrency, specifically for Litecoin. Litecoin, often referred to as the 'silver' to Bitcoin's 'gold,' has a total supply of 84 million coins. This number was chosen by its creator, Charlie Lee, to ensure a fair distribution and avoid the concentration of wealth. With a larger supply than Bitcoin, Litecoin aims to be more suitable for everyday transactions and faster confirmations. So, if you're interested in diversifying your cryptocurrency portfolio, consider adding some Litecoin to the mix!
  560

  140