Cryptocurrency Q&A
Does HBAR have a limited supply?
Does HBAR have a limited supply?
WhisperWindLight
Tue Jul 02 2024
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6 answers
1625
Could you elaborate on the supply dynamics of HBAR? I've been hearing a lot about it lately and am curious if there's a capped issuance similar to Bitcoin's 21 million coin limit. Is HBAR's supply finite or can it be expanded indefinitely? If there's a cap, what's the total number of coins that will ever exist? Understanding the supply mechanism is crucial for investors to gauge its potential long-term value. Could you please shed some light on this aspect of HBAR?
6 answers
Maria
Wed Jul 03 2024
The HBAR coin has a fixed total supply cap of 50 billion coins.
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KatanaSword
Wed Jul 03 2024
Instead, Hedera Hashgraph, the company behind HBAR, minted all 50 billion coins prior to the launch of its mainnet in 2018.
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alexander_smith_musician
Wed Jul 03 2024
This pre-mining approach allows for the coins to be distributed efficiently and securely, without the need for energy-intensive mining activities.
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benjamin_doe_philosopher
Wed Jul 03 2024
Currently, a portion of these coins are already in circulation.
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HallyuHeroine
Wed Jul 03 2024
One noteworthy aspect of HBAR's minting process is that it does not rely on the execution of complex cryptographic algorithms.
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