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TOTAL CIRCULATION

This email announces the release of the Bitcoin software. The announcement gives an overview of how Bitcoin works, emphasizing its decentralized nature and the prevention of double-spending through a peer-to-peer network. The announcement also includes instructions on how to download and run the software, as well as how to generate coins and send transactions.

It’s worth noting that the software was still in an alpha and experimental stage at the time of this announcement. However, the fact that the code was open source meant that anyone could contribute to its development.

The announcement also lays out the distribution schedule for Bitcoin, with a total of 21 million coins to be distributed to network nodes through block generation, with the amount cut in half every 4 years. Once the distribution schedule is complete, transaction fees will take over as the incentive for nodes to process transactions.

Overall, this announcement marks the beginning of a new era in the realm of money and decentralized technologies.