Which Crypto Have Finite Supply
Introduction: Cryptocurrencies are digital assets with finite supply. This is a common characteristic of most cryptocurrencies, but not all of them have a finite supply. For example, Bitcoin’s supply is capped at 21 million coins, which means that no more people will be able to mine it after that.
Bitcoin has this property because of the way it defines how new coins are created and the limited amount of mining power on the network. In addition to this, there are many other factors such as time and energy cost needed for mining that serve as boundaries for cryptocurrencies with limited supply.
It was created in 2009 by Satoshi Nakamoto, who had a vision of a decentralized digital money that would serve as an alternative to all other monetary systems. In the first few years after its creation.
In addition, there are other cryptocurrencies which have finite supply such as and Ripple. (100 billion) They have a fixed number of coins or tokens which will be issued according to their respective roadmap and schedule for total issuance.
Stellar Lumens are also finite in supply with an estimated total of only about 50 billion lumens.
So to list them here are some that have a limited supply.
Understanding “supply” in crypto
– Fixed supply
Fixed supply is the total number of coins that can ever be in circulation.
– Total Supply
The number of coins currently mined is the total supply. Some coins may no longer be in circulation or lost and could not be counted.
– Circulating supply
Circulation supply refers to the total number of coins in circulation.
Does ETH have a limited supply?
You may be surprised that Eth does not have a cap on max supply, this means that they have a constant flow of new assets being added to the ecosystem.
This is because ETH is totally different from BTC which has a limited supply, and they do different things, BTC could be seen as a more store of value while ETH has more uses.
Ethereum is a decentralized platform that runs smart contracts. Smart contracts are computer programs that can be used to facilitate, verify, or enforce the negotiation or performance of a contract without human involvement.
Ethereum is a decentralized platform that offers a blockchain-based and Turing-complete virtual machine and software platform with the goal of building decentralized applications. These applications use smart contracts to make agreements transparent and efficient, and allow for the coding of financial instruments, such as stocks, bonds & more.