Sara
Wed Sep 18 2024
|
5 answers
804
Which cryptocurrency has no maximum supply?
Can you clarify for me which cryptocurrency currently operates without a defined maximum supply limit? Many cryptocurrencies, such as Bitcoin, have a fixed maximum supply, which helps to ensure scarcity and drive demand. However, there are other digital currencies that have either an infinite supply or no predefined limit, which can have different implications for their long-term value and adoption. Can you provide an example of a cryptocurrency that does not have a set maximum supply?
Caterina
Sun Jul 21 2024
|
5 answers
1008
What coins have no maximum supply?
Could you elaborate on cryptocurrencies that do not have a defined maximum supply? Many coins, such as Bitcoin, have a hard-coded limit on the total number of coins that can be mined. However, there are also some coins that do not have such a limitation, allowing for an unlimited supply. What are some examples of these coins, and how does their lack of a maximum supply impact their economic model? Do they rely on other mechanisms, such as transaction fees, to maintain their value? Understanding the nuances of these coins is crucial for investors seeking to diversify their portfolios.
