Understanding the concept of total supply in tokens
In the world of cryptocurrencies, one of the most important concepts is the total supply of a specific token. This concept refers to the maximum number of units that can be created or struck throughout the blockchain network. In other words, this is the upper limit of how many tokens can exist.
** What is supply?
Robert Hackos, a well -known cryptocurrency expert in 2014. Network. This concept is crucial for understanding the dynamics of tokens economics and how it affects the overall value and deficiency of a specific token.
** How is the total delivery determined?
Technology (e.g. basic proof of work bitcoin) or intelligent contract rules. The token alone or through a predetermined mechanism (e.g. and a fixed block reward system).
Types of total delivery
There are two main types of total supply:
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2.
Benefits of understanding the total supply
Understanding the concept of total supply is necessary for investors and traders who want to inform about investing in cryptocurrencies. Here are some benefits:
- Value forecasting : Analyzing the total supply,
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Examples of tokens with dynamic total delivery
Some examples of cryptocurrencies with dynamic total delivery include:
- Bitcoin (BTC) : The total supply of bitcoins is limited to 21 million, which makes it and rare resources.
2.
Application
For economics, traders and traders. Understanding the development of cryptocurrencies, you can make more conscious decisions
I hope that this article contains a comprehensive review of the topic!
