Cryptocurrency Q&A
What is the total max supply?
What is the total max supply?
Nicola
Tue Jun 25 2024
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6 answers
1306
Could you please elaborate on the concept of 'total max supply' in the context of cryptocurrencies? Specifically, I'm interested in understanding how this figure is determined, what implications it has on the value and stability of a particular coin, and whether there are any exceptions to this limit? I've noticed that some cryptocurrencies advertise having a limited supply, while others seem to have an unlimited or adjustable supply. Could you explain the differences and their potential impact on investors?
6 answers
Rosalia
Thu Jun 27 2024
This figure is determined by adding the total amount of coins that have already been mined or generated through mining processes, to those that are still yet to be mined.
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BitcoinWizardry
Thu Jun 27 2024
In contrast, the total supply refers to the current number of coins in circulation.
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Raffaele
Thu Jun 27 2024
Cryptocurrencies have a unique economic model where their supply is limited.
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Chiara
Thu Jun 27 2024
It is calculated by subtracting the number of coins that have been lost or destroyed from the total amount that has been mined.
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PulseWind
Thu Jun 27 2024
Lost coins are those that have been misplaced or forgotten about, often due to the loss of private keys or wallets.
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