\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Wrapped tokens are \"wrapped\" into a digital vault, typically owned by a custodian, which would then mint the wrapped token on another chain. These custodians can be smart contracts<\/a>, decentralized autonomous organisations<\/a> (DAOs), multisig wallets, or merchants.((Binance - What Are Wrapped Tokens?<\/a>)) The custodian would need to possess equal amounts of whatever token is being wrapped such at Bitcoin, with proof of the reserves shown on-chain.<\/p>\n\n\n\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

How Do Wrapped Tokens Work?<\/h2>\n\n\n\n

Wrapped tokens are \"wrapped\" into a digital vault, typically owned by a custodian, which would then mint the wrapped token on another chain. These custodians can be smart contracts<\/a>, decentralized autonomous organisations<\/a> (DAOs), multisig wallets, or merchants.((Binance - What Are Wrapped Tokens?<\/a>)) The custodian would need to possess equal amounts of whatever token is being wrapped such at Bitcoin, with proof of the reserves shown on-chain.<\/p>\n\n\n\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A wrapped token helps interoperability<\/a> between chains by creating a bridge<\/a> for tokens from one chain to another. This makes decentralized finance<\/a> (DeFi) and decentralized applications<\/a> (dApps) more accessible, as users don't have to sell and buy tokens depending on what they're doing.<\/p>\n\n\n\n

How Do Wrapped Tokens Work?<\/h2>\n\n\n\n

Wrapped tokens are \"wrapped\" into a digital vault, typically owned by a custodian, which would then mint the wrapped token on another chain. These custodians can be smart contracts<\/a>, decentralized autonomous organisations<\/a> (DAOs), multisig wallets, or merchants.((Binance - What Are Wrapped Tokens?<\/a>)) The custodian would need to possess equal amounts of whatever token is being wrapped such at Bitcoin, with proof of the reserves shown on-chain.<\/p>\n\n\n\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A token allows for information and value to be stored, transferred, and verified within a blockchain. These tokens can be fungible, or non-fungible. Tokens don't function on other chains, so they are pegged to the value of the original token, in a way native to another chain. <\/p>\n\n\n\n

A wrapped token helps interoperability<\/a> between chains by creating a bridge<\/a> for tokens from one chain to another. This makes decentralized finance<\/a> (DeFi) and decentralized applications<\/a> (dApps) more accessible, as users don't have to sell and buy tokens depending on what they're doing.<\/p>\n\n\n\n

How Do Wrapped Tokens Work?<\/h2>\n\n\n\n

Wrapped tokens are \"wrapped\" into a digital vault, typically owned by a custodian, which would then mint the wrapped token on another chain. These custodians can be smart contracts<\/a>, decentralized autonomous organisations<\/a> (DAOs), multisig wallets, or merchants.((Binance - What Are Wrapped Tokens?<\/a>)) The custodian would need to possess equal amounts of whatever token is being wrapped such at Bitcoin, with proof of the reserves shown on-chain.<\/p>\n\n\n\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A wrapped token transfers the value of one cryptocurrency across to another chain. They are tokenized<\/a> versions of tokens.<\/p>\n\n\n\n

A token allows for information and value to be stored, transferred, and verified within a blockchain. These tokens can be fungible, or non-fungible. Tokens don't function on other chains, so they are pegged to the value of the original token, in a way native to another chain. <\/p>\n\n\n\n

A wrapped token helps interoperability<\/a> between chains by creating a bridge<\/a> for tokens from one chain to another. This makes decentralized finance<\/a> (DeFi) and decentralized applications<\/a> (dApps) more accessible, as users don't have to sell and buy tokens depending on what they're doing.<\/p>\n\n\n\n

How Do Wrapped Tokens Work?<\/h2>\n\n\n\n

Wrapped tokens are \"wrapped\" into a digital vault, typically owned by a custodian, which would then mint the wrapped token on another chain. These custodians can be smart contracts<\/a>, decentralized autonomous organisations<\/a> (DAOs), multisig wallets, or merchants.((Binance - What Are Wrapped Tokens?<\/a>)) The custodian would need to possess equal amounts of whatever token is being wrapped such at Bitcoin, with proof of the reserves shown on-chain.<\/p>\n\n\n\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is A Wrapped Token?<\/h2>\n\n\n\n

A wrapped token transfers the value of one cryptocurrency across to another chain. They are tokenized<\/a> versions of tokens.<\/p>\n\n\n\n

A token allows for information and value to be stored, transferred, and verified within a blockchain. These tokens can be fungible, or non-fungible. Tokens don't function on other chains, so they are pegged to the value of the original token, in a way native to another chain. <\/p>\n\n\n\n

A wrapped token helps interoperability<\/a> between chains by creating a bridge<\/a> for tokens from one chain to another. This makes decentralized finance<\/a> (DeFi) and decentralized applications<\/a> (dApps) more accessible, as users don't have to sell and buy tokens depending on what they're doing.<\/p>\n\n\n\n

How Do Wrapped Tokens Work?<\/h2>\n\n\n\n

Wrapped tokens are \"wrapped\" into a digital vault, typically owned by a custodian, which would then mint the wrapped token on another chain. These custodians can be smart contracts<\/a>, decentralized autonomous organisations<\/a> (DAOs), multisig wallets, or merchants.((Binance - What Are Wrapped Tokens?<\/a>)) The custodian would need to possess equal amounts of whatever token is being wrapped such at Bitcoin, with proof of the reserves shown on-chain.<\/p>\n\n\n\n

In the case of Wrapped Bitcoin (wBTC), a user will send BTC to the custodian (multisig contract owned by the wBTC DAO) who will mint the coin on the other chain based on how much was recieved. If the user wants to recieve their standard BTC back, the user will put a burn<\/a> request to the custodian which will release the BTC from the reserves.((wBTC Network - How It Works<\/a>))<\/p>\n\n\n\n

What Are Wrapped NFTs?<\/h2>\n\n\n\n

A wrapped non-fungible token<\/a> (NFT) allows for greater use cases of NFTs, which are tokens that have distinctive features separating it from other tokens.<\/p>\n\n\n\n

In the case of Ethereum, a wrapped NFT expands its functionaility by enabling ERC-721<\/a> tokens to be wrapped as ERC-20<\/a> tokens. This allows them to be used like a cryptocurrency((EIP3349 - Generalized interface for ERC721 wrapping and unwrapping<\/a>)) such as for collateral and payments, while maintaining their non-fungibility as new tokens can't just be minted or mined.<\/p>\n","post_title":"Wrapped Tokens","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"wrapped-tokens","to_ping":"","pinged":"","post_modified":"2022-08-07 23:17:56","post_modified_gmt":"2022-08-07 13:17:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6518","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6494,"post_author":"1","post_date":"2022-08-06 16:15:46","post_date_gmt":"2022-08-06 06:15:46","post_content":"\n

What Is A Token Lockup?<\/h2>\n\n\n\n

A token lockup is a certain amount of time when tokens<\/a> are incapable of being transacted and\/or traded. Also known as vesting periods, these usually after an initial coin offering (ICO), and affect a certain amount of owners - typically the core developers, founders, and backers of the project.<\/p>\n\n\n\n

Token lockups help stabalize a cryptocurrencies liquidity<\/a>, preventing a large amount of tokens hitting the circulating supply<\/a> at once. They also help prevent the people behind the project from rugpulling<\/a>, and incentivizes them to devlop the token without trying to quickly make money.<\/p>\n\n\n\n

Tokens are locked through the use of smart contracts<\/a>, which once deployed are immutable and will only ever release the tokens once the contract has run its course. The tokens are stored in cold wallets, usually being shown to the public to instill trust with the team behind the project.<\/p>\n","post_title":"Token Lockup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"token-lockup","to_ping":"","pinged":"","post_modified":"2022-08-06 16:15:50","post_modified_gmt":"2022-08-06 06:15:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6494","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6481,"post_author":"1","post_date":"2022-08-05 22:50:00","post_date_gmt":"2022-08-05 12:50:00","post_content":"\n

What Is Cryptocurrency Burning?<\/h2>\n\n\n\n

Cryptocurrency burning is the process of intentionally removing coins from the circulating supply<\/a> of a specific token<\/a>.<\/p>\n\n\n\n

This deflationary process is done to decrease the supply of tokens, adding more value to the ones which remain. The price doesn't increase overnight and tokens are usually not burnt in bulk.<\/p>\n\n\n\n

How Does Cryptocurrency Burning Work?<\/h2>\n\n\n\n

Burning a coin or token is done by sending them to a \"burn\" or \"eater\" address((CoinDesk - What Does It Mean to Burn Crypto?<\/a>)), a wallet that cannot be accessed. This removes the coins from circulation as there is no way to access the funds inside of the wallet.<\/p>\n\n\n\n

Can Someone Access A Burn Address?<\/h2>\n\n\n\n

Burn addresses cannot be accessed, there are several ways to ensure the tokens inside stay there.<\/p>\n\n\n\n

The burn address may be located outside of the network, meaning coins, once sent, are removed from the entire blockchain itself. The burn address may be encoded to only be able to receive tokens, not send or transfer them. <\/p>\n\n\n\n

Some of these addresses don't even have private keys <\/a>attached to them or have an invalid private key. The wallets are made with keys too long to generate a valid signature<\/a> on the blockchain and these are made public to verify the wallet's keys are invalid.<\/p>\n\n\n\n

What Is Proof-of-Burn (PoB)?<\/h2>\n\n\n\n

Proof-of-Burn (PoB) is a consensus<\/a> algorithm where validators burn tokens to confirm transactions.((IOHK - Proof-of-Burn<\/a>)) In exchange for burning coins, validators are given rewards in the blockchain native currency.<\/p>\n","post_title":"Cryptocurrency Burning","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-burning","to_ping":"","pinged":"","post_modified":"2022-08-05 22:50:08","post_modified_gmt":"2022-08-05 12:50:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6481","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6448,"post_author":"1","post_date":"2022-08-03 23:31:08","post_date_gmt":"2022-08-03 13:31:08","post_content":"\n

What Is Circulating Supply?<\/h2>\n\n\n\n

The circulating supply of a cryptocurrency project is an approximation of the number of tokens<\/a> in public hands, being publicly available and circulating through markets.<\/p>\n\n\n\n

It is a metric that never stays the same, it often increases or decreases based on market demand. Circulating supply may increase based on tokens entering circulation through staking or mining rewards and locked tokens being unlocked. Or it may decrease based on burning, accidental transactions to wrong addresses, and losing access to wallets.<\/p>\n\n\n\n

The circulating supply is contrasted by the total supply<\/a>, which defines the tokens that have been mined and issued. Both of these metrics are included within the maximum supply<\/a> which calculates all of the tokens that will ever be available through a project.<\/p>\n","post_title":"Circulating Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"circulating-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/maximum-supply\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-09-03 01:40:47","post_modified_gmt":"2022-09-02 15:40:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6448","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6444,"post_author":"1","post_date":"2022-08-03 23:20:22","post_date_gmt":"2022-08-03 13:20:22","post_content":"\n

What Is Maximum Supply?<\/h2>\n\n\n\n

The maximum supply is the total amount of tokens that will enter circulation in the lifetime of a cryptocurrency project. This includes all tokens which have and haven't been minted and tokens which have been lost or burned.<\/p>\n\n\n\n

A majority of projects will issue a maximum supply in its protocol<\/a>, which once exhausted - will not issue any more tokens. Although some projects, including Ethereum, do not have this metric.<\/p>\n\n\n\n

The max supply is different from the total supply<\/a> of a token, which calculates the cryptocurrencies that have been mined or issued. Max supply also includes the circulating supply<\/a> which is the total amount of tokens in circulation - in public hands.<\/p>\n","post_title":"Maximum Supply","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"maximum-supply","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/total-supply\/","post_modified":"2022-08-03 23:46:57","post_modified_gmt":"2022-08-03 13:46:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6444","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
1 2 3

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

1
2
3

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.







Follow The Distributed

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\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n

\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.







Follow The Distributed

ADVERTISEMENT

\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

BNB can also be used to pay for goods and services on the Binance platform and on third-party platforms that accept it as a form of payment such as Nexo which allows users to take a loan out in BNB and Loom which allows users to book accommodations with BNB.<\/p>\n\n\n\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Binance Coin, ticker $BNB, is a utility token built upon the Binance network - surprising! When a user pays fees using BNB on the network, they receive a discount compared to if they had paid using another cryptocurrency, incentivizing the use of BNB.<\/p>\n\n\n\n

BNB can also be used to pay for goods and services on the Binance platform and on third-party platforms that accept it as a form of payment such as Nexo which allows users to take a loan out in BNB and Loom which allows users to book accommodations with BNB.<\/p>\n\n\n\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

How Does Binance Coin (BNB) Work?<\/h2>\n\n\n\n

Binance Coin, ticker $BNB, is a utility token built upon the Binance network - surprising! When a user pays fees using BNB on the network, they receive a discount compared to if they had paid using another cryptocurrency, incentivizing the use of BNB.<\/p>\n\n\n\n

BNB can also be used to pay for goods and services on the Binance platform and on third-party platforms that accept it as a form of payment such as Nexo which allows users to take a loan out in BNB and Loom which allows users to book accommodations with BNB.<\/p>\n\n\n\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The official Binance Coin whitepaper<\/a> lists four main uses for BNB, including but not limited to; exchange fees, withdrawal fees, listing fees, and other fees. Since its launch, the use for BNB has expanded to pay for a variety of goods and services, and it can also be traded on cryptocurrency exchanges for other cryptocurrencies or for fiat currencies such as the US dollar or the euro.<\/p>\n\n\n\n

How Does Binance Coin (BNB) Work?<\/h2>\n\n\n\n

Binance Coin, ticker $BNB, is a utility token built upon the Binance network - surprising! When a user pays fees using BNB on the network, they receive a discount compared to if they had paid using another cryptocurrency, incentivizing the use of BNB.<\/p>\n\n\n\n

BNB can also be used to pay for goods and services on the Binance platform and on third-party platforms that accept it as a form of payment such as Nexo which allows users to take a loan out in BNB and Loom which allows users to book accommodations with BNB.<\/p>\n\n\n\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Binance Coin (BNB) is the native cryptocurrency of the Binance exchange platform. Originally launched as an ERC-20 token in 2017, BNB has since been moved to its own mainnet. <\/p>\n\n\n\n

The official Binance Coin whitepaper<\/a> lists four main uses for BNB, including but not limited to; exchange fees, withdrawal fees, listing fees, and other fees. Since its launch, the use for BNB has expanded to pay for a variety of goods and services, and it can also be traded on cryptocurrency exchanges for other cryptocurrencies or for fiat currencies such as the US dollar or the euro.<\/p>\n\n\n\n

How Does Binance Coin (BNB) Work?<\/h2>\n\n\n\n

Binance Coin, ticker $BNB, is a utility token built upon the Binance network - surprising! When a user pays fees using BNB on the network, they receive a discount compared to if they had paid using another cryptocurrency, incentivizing the use of BNB.<\/p>\n\n\n\n

BNB can also be used to pay for goods and services on the Binance platform and on third-party platforms that accept it as a form of payment such as Nexo which allows users to take a loan out in BNB and Loom which allows users to book accommodations with BNB.<\/p>\n\n\n\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is Binance Coin (BNB)?<\/h2>\n\n\n\n

Binance Coin (BNB) is the native cryptocurrency of the Binance exchange platform. Originally launched as an ERC-20 token in 2017, BNB has since been moved to its own mainnet. <\/p>\n\n\n\n

The official Binance Coin whitepaper<\/a> lists four main uses for BNB, including but not limited to; exchange fees, withdrawal fees, listing fees, and other fees. Since its launch, the use for BNB has expanded to pay for a variety of goods and services, and it can also be traded on cryptocurrency exchanges for other cryptocurrencies or for fiat currencies such as the US dollar or the euro.<\/p>\n\n\n\n

How Does Binance Coin (BNB) Work?<\/h2>\n\n\n\n

Binance Coin, ticker $BNB, is a utility token built upon the Binance network - surprising! When a user pays fees using BNB on the network, they receive a discount compared to if they had paid using another cryptocurrency, incentivizing the use of BNB.<\/p>\n\n\n\n

BNB can also be used to pay for goods and services on the Binance platform and on third-party platforms that accept it as a form of payment such as Nexo which allows users to take a loan out in BNB and Loom which allows users to book accommodations with BNB.<\/p>\n\n\n\n

BNB lives on the Binance Smart Chain<\/a> (BSC), an improved version of the original Binance Chain which added smart contract<\/a> functionality in 2020. BSC introduced the BEP-20 standard, which is used by a wide array of tokens.<\/p>\n\n\n\n

Binance Coin (BNB) Tokenomics<\/h2>\n\n\n\n

BNB has a \"strict\" limit of 200M tokens, never to be increased.((BNB Whitepaper - Binance Coin (BNB)<\/a>, Page 7)) These tokens were distributed as follows during its ICO; 50% of tokens (100M) for the ICO, 40% (80M) to the founding team, and 10% (20M) to angel investors.((BNB Whitepaper - Allocation<\/a>, Page 8)) The founding team receives 20% of their 80M tokens through a 4-year plan - 16M at ICO and 16M for 4 years following the ICO.<\/p>\n\n\n\n

Binance Coin is subject to an auto-burning<\/a> system that will eventually reduce the total supply to 100M. Binance uses 20% of its quarterly profits to buy back and burn BNB.<\/p>\n\n\n\n

Users can also stake BNB to receive interest on their tokens and vote on network changes. The BNB Beacon Chain is where governance of the network takes place and proposals are submitted. Voting power is decided based on the size of a user's stake of BNB.<\/p>\n\n\n\n

Is Binance Coin (BNB) A Safe Investment?<\/h2>\n\n\n\n

The safety of an investment in Binance Coin (BNB) depends on several factors, including the overall stability of the cryptocurrency market and the performance of the Binance exchange platform. As with any investment, it's important to consider the potential risks and rewards before deciding. Investing in BNB or any other cryptocurrency carries a high degree of risk, and it's possible that you could lose some or all of your investment. <\/p>\n\n\n\n

Even the biggest exchanges such as FTX<\/a> are victims of bankruptcy and other factors which may put your funds at risk. Therefore, it is vital to thoroughly research any investment, cryptocurrency or not, prior to making a decision and only investing what you can afford to lose. <\/p>\n\n\n\n

Is BNB A Good Long-Term Investment?<\/h2>\n\n\n\n

The long-term potential of Binance Coin (BNB) as an investment will depend on a number of factors, including the overall performance of the Binance exchange, which depends on the overall health of the cryptocurrency markets. BNB is a well-established token with a well-established exchange, with a strong track record, and a large and active user base, which can provide investors with confidence in the long-term prospects of the token.<\/p>\n\n\n\n

Binance Coin (BNB) Frequently Asked Questions<\/h2>\n\n\n\n

Is Binance Coin A Stablecoin?<\/h3>\n\n\n\n

Binance Coin (BNB) is not a stablecoin, although there is a Binance USD stablecoin<\/a> (BUSD) which is pegged 1:1 with the US Dollar.<\/p>\n\n\n\n

What If I Lose My BNB?<\/h3>\n\n\n\n

In eligible cases such as certain lost token scenarios or \"honest mistakes\", Binance may reimburse the user for their lost coins. They do this alongside their burning mechanism, where they will count the lost coins as burnt and credit the user BNB.((Binance - Binance Introduces the BNB Pioneer Burn Program, Adjusts BNB Token Burn Mechanics<\/a>))<\/p>\n","post_title":"Binance Coin (BNB)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-burning\/\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-01-15 15:44:02","post_modified_gmt":"2023-01-15 04:44:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6787,"post_author":"1","post_date":"2022-09-03 01:55:50","post_date_gmt":"2022-09-02 15:55:50","post_content":"\n

What Is A Cryptocurrency Market Cap?<\/h2>\n\n\n\n

A cryptocurrency market cap defines how large a cryptocurrency is by multiplying the current price by the circulating supply<\/a>.<\/p>\n\n\n\n

Market Cap = Current Price x Circulating Supply<\/em><\/p>\n\n\n\n

Market Cap Of $1,000,000 = $5 Per Token x 200,000 Circulating Tokens<\/em><\/p>\n\n\n\n

Importance Of A Cryptocurrencies Market Cap <\/h2>\n\n\n\n

As a metric, the market cap of a specific token<\/a> can give an insight into how stable a coin may be. The more dominant coins in the market currently have the highest market cap such as Bitcoin and Ethereum. For this, they are usually more stable compared to lower-cap coins, although all cryptocurrencies are bound to see volatility.((Coinbase - What Is Market Cap?<\/a>))<\/p>\n\n\n\n

Although market cap doesn't always equate to the value of a given coin, rather it is solely based on price.((Anthony Back - Why Market Cap is a Meaningless & Dangerous Valuation Metric in Crypto Markets<\/a>)) Market cap doesn't equate to the money invested in a project either, which can prove dangerous for investors as prices can be pumped giving the illusion of liquidity, before being dumped by bad players.<\/p>\n\n\n\n

To differentiate between the value and price of a coin its tokenomics<\/a> should be understood first.<\/p>\n\n\n\n

Large-Cap vs Mid-Cap vs Small-Cap<\/h2>\n\n\n\n

Large-cap <\/strong>is defined as over $10B. <\/p>\n\n\n\n

Mid-cap<\/strong> is defined as $1-10B. <\/p>\n\n\n\n

Small-cap<\/strong> is defined as less than $1B.<\/p>\n","post_title":"Cryptocurrency Market Cap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocurrency-market-cap","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/circulating-supply\/","post_modified":"2022-09-04 14:29:35","post_modified_gmt":"2022-09-04 04:29:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6787","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6786,"post_author":"1","post_date":"2022-08-31 21:38:45","post_date_gmt":"2022-08-31 11:38:45","post_content":"\n

What Is The Flippening?<\/h2>\n\n\n\n

The flippening describes the hypothetical situation where Bitcoin's market cap is overturned by Ethereum.<\/p>\n\n\n\n

The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.<\/p>\n\n\n\n

Market capitalization defines the value of all coins in the circulating supply<\/a> against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.<\/p>\n\n\n\n

Can Ethereum Flip Bitcoin?<\/h2>\n\n\n\n

Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts<\/a> and dApp<\/a> platform, although the addition of ERC-20<\/a> tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.((CoinMarketCap - Flippening<\/a>))<\/p>\n\n\n\n

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Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

When a user wants to trade on CurveDAO, a smart contract<\/a> built behind a simple UI executes the trade. The smart contract automatically matches the trade with the best available offer and executes the trade on behalf of the user, using trustable technology as the intermediary. This ensures that the trade is processed quickly and efficiently, with minimal fees.<\/p>\n\n\n\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

To trade on CurveDAO, users first deposit stablecoins such as USDT and USDC onto the platform. These stablecoins allow users to trade with other users on the platform or stake their tokens looking for the highest yield.<\/p>\n\n\n\n

When a user wants to trade on CurveDAO, a smart contract<\/a> built behind a simple UI executes the trade. The smart contract automatically matches the trade with the best available offer and executes the trade on behalf of the user, using trustable technology as the intermediary. This ensures that the trade is processed quickly and efficiently, with minimal fees.<\/p>\n\n\n\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

How Does Curve DAO Work?<\/h2>\n\n\n\n

To trade on CurveDAO, users first deposit stablecoins such as USDT and USDC onto the platform. These stablecoins allow users to trade with other users on the platform or stake their tokens looking for the highest yield.<\/p>\n\n\n\n

When a user wants to trade on CurveDAO, a smart contract<\/a> built behind a simple UI executes the trade. The smart contract automatically matches the trade with the best available offer and executes the trade on behalf of the user, using trustable technology as the intermediary. This ensures that the trade is processed quickly and efficiently, with minimal fees.<\/p>\n\n\n\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Built upon the Ethereum blockchain, Curve's focus on decentralization, liquidity, and transparency has made it a popular dApp<\/a> for investors and traders alike.<\/p>\n\n\n\n

How Does Curve DAO Work?<\/h2>\n\n\n\n

To trade on CurveDAO, users first deposit stablecoins such as USDT and USDC onto the platform. These stablecoins allow users to trade with other users on the platform or stake their tokens looking for the highest yield.<\/p>\n\n\n\n

When a user wants to trade on CurveDAO, a smart contract<\/a> built behind a simple UI executes the trade. The smart contract automatically matches the trade with the best available offer and executes the trade on behalf of the user, using trustable technology as the intermediary. This ensures that the trade is processed quickly and efficiently, with minimal fees.<\/p>\n\n\n\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Curve DAO is a utility token that powers the decentralized finance<\/a> (DeFi) protocol Curve.fi<\/a>. It allows users to trade and invest in a variety of cryptocurrencies such as BTC, ETH, and ERC-20 tokens alongside stablecoins<\/a>, such as USDC and USDT, in an efficient and cost-effective manner.<\/p>\n\n\n\n

Built upon the Ethereum blockchain, Curve's focus on decentralization, liquidity, and transparency has made it a popular dApp<\/a> for investors and traders alike.<\/p>\n\n\n\n

How Does Curve DAO Work?<\/h2>\n\n\n\n

To trade on CurveDAO, users first deposit stablecoins such as USDT and USDC onto the platform. These stablecoins allow users to trade with other users on the platform or stake their tokens looking for the highest yield.<\/p>\n\n\n\n

When a user wants to trade on CurveDAO, a smart contract<\/a> built behind a simple UI executes the trade. The smart contract automatically matches the trade with the best available offer and executes the trade on behalf of the user, using trustable technology as the intermediary. This ensures that the trade is processed quickly and efficiently, with minimal fees.<\/p>\n\n\n\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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What Is Curve DAO Token (CRV)?<\/h2>\n\n\n\n

Curve DAO is a utility token that powers the decentralized finance<\/a> (DeFi) protocol Curve.fi<\/a>. It allows users to trade and invest in a variety of cryptocurrencies such as BTC, ETH, and ERC-20 tokens alongside stablecoins<\/a>, such as USDC and USDT, in an efficient and cost-effective manner.<\/p>\n\n\n\n

Built upon the Ethereum blockchain, Curve's focus on decentralization, liquidity, and transparency has made it a popular dApp<\/a> for investors and traders alike.<\/p>\n\n\n\n

How Does Curve DAO Work?<\/h2>\n\n\n\n

To trade on CurveDAO, users first deposit stablecoins such as USDT and USDC onto the platform. These stablecoins allow users to trade with other users on the platform or stake their tokens looking for the highest yield.<\/p>\n\n\n\n

When a user wants to trade on CurveDAO, a smart contract<\/a> built behind a simple UI executes the trade. The smart contract automatically matches the trade with the best available offer and executes the trade on behalf of the user, using trustable technology as the intermediary. This ensures that the trade is processed quickly and efficiently, with minimal fees.<\/p>\n\n\n\n

A core feature of Curve is its liquidity pools<\/a>, which are pools of token pairs that help facilitate trading on the platform. Users can provide liquidity to these pools by depositing and staking their tokens, and in return, they receive a share of the trading fees generated by the platform. This allows users to earn passive income by participating in the governance and operation of the protocol.<\/p>\n\n\n\n

Curve DAO (CRV) Tokenomics<\/h2>\n\n\n\n

CRV is an ERC-20<\/a> token, which means that it is built on the Ethereum blockchain, with a max supply of 3.3B tokens and a circulating supply of 1.82B. <\/p>\n\n\n\n

CRV is subject to a piecewise linear inflation schedule with supply being reduced by 2.25x every year,((Curve - The Curve DAO: Liquidity Gauges and Minting CRV<\/a>)) as CRV aims to be deflationary. Additionally, CRV tokens are used to pay transaction fees on Curve.fi. When a user executes a trade, a small amount of CRV is burned<\/a> to pay the transaction fee. <\/p>\n\n\n\n

Holders of CRV tokens have several rights and privileges on the CurveDAO platform, a decentralized autonomous organization<\/a>. They can participate in the governance of the protocol<\/a> by voting on key decisions, such as the addition of new tokens and token pairs or the allocation of trading fees. They can also earn rewards for providing liquidity to the platform and participating by staking<\/a> their tokens.<\/p>\n\n\n\n

Is Curve DAO A Good Investment?<\/h2>\n\n\n\n

As with any investment, it is important to carefully research and evaluate the potential risks and rewards before making a decision. Therefore it is difficult to say whether or not CRV is a good investment. <\/p>\n\n\n\n

Holding CRV tokens gives users access to a large DeFi ecosystem, which is projected to grow 42.5% compounded annually until 2030.((GrandViewResearch - Decentralized Finance Market Size, Share & Trends Analysis Report By Application (Payments, Stablecoins), By Component (dApps, Blockchain Technology), By Region (EU, North America, APAC), And Segment Forecasts, 2022 - 2030<\/a>)) As Curve is heavily built around stablecoins it could prove to last in the rough world of DeFi, which saw intense growth in 2021 namely due to stablecoins.<\/p>\n\n\n\n

However, it is important to keep in mind that the DeFi market in its current state is highly volatile and risky. The value of CRV and other DeFi assets are bound to experience volatility and unforeseen circumstances such as the collapse of FTX<\/a> and Celcius<\/a>. Additionally, DeFi protocols are vulnerable to hacks and security threats, but the open-source nature of these platforms safeguards (mostly) against this.<\/p>\n\n\n\n

Therefore, before deciding whether or not to invest in CurveDAO, it is important to carefully consider the potential risks and rewards and to only invest what you can afford to lose. Always diversify your investments keeping your eggs out of a single basket.<\/p>\n\n\n\n

Curve DAO Frequently Asked Questions<\/h2>\n\n\n\n

Where To Stake CRV Tokens<\/h3>\n\n\n\n

CRV tokens can be staked in the Curve Finance DAO Locker<\/a><\/em>, with any amount of CRV able to be staked.<\/p>\n\n\n\n

How Many Curve DAO Tokens Are There?<\/h3>\n\n\n\n

There is currently a circulating supply of 531,583,334 CRV. The total supply of Curve DAO tokens is 1,820,680,573 CRV. The maximum supply of Curve DAO tokens is 3,303,030,299 CRV.<\/p>\n\n\n\n

Who Is The Founder Of Curve DAO?<\/h3>\n\n\n\n

Michael Egorov<\/a> is a Russian physicist and scientist with degrees from the Moscow Institute of Physics and Technology. Egorov serves as the CEO of Curve Finance and previously served as the CTO of NuCypher.<\/p>\n","post_title":"Curve DAO (CRV)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"curve-dao-crv","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/proof-of-stake\/\nhttps:\/\/www.thedistributed.co\/dao\/","post_modified":"2023-01-04 21:02:56","post_modified_gmt":"2023-01-04 10:02:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8629","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8715,"post_author":"1","post_date":"2022-12-08 23:34:21","post_date_gmt":"2022-12-08 12:34:21","post_content":"\n

Table Of Contents<\/h2>

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\n
\"Platforms
Platforms used by creators using BAT. Source: Basic Attention Token<\/a><\/em><\/figcaption><\/figure>\n","post_title":"Basic Attention Token (BAT)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat","to_ping":"","pinged":"","post_modified":"2023-01-17 15:50:06","post_modified_gmt":"2023-01-17 04:50:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9081","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8629,"post_author":"1","post_date":"2022-12-10 01:14:35","post_date_gmt":"2022-12-09 14:14:35","post_content":"\n

Curve DAO (CRV) Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

BAT is most utilized by YouTubers, with over 835,917 creators using BAT. Twitter is second with 226,814, Twitch with 179,390, Websites with 159,538, Vimeo with 135,007, Reddit with 132,654, and GitHub with 67,413.((Basic Attention Token - Growth<\/a>))<\/p>\n\n\n\n

\"Platforms
Platforms used by creators using BAT. Source: Basic Attention Token<\/a><\/em><\/figcaption><\/figure>\n","post_title":"Basic Attention Token (BAT)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat","to_ping":"","pinged":"","post_modified":"2023-01-17 15:50:06","post_modified_gmt":"2023-01-17 04:50:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9081","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8629,"post_author":"1","post_date":"2022-12-10 01:14:35","post_date_gmt":"2022-12-09 14:14:35","post_content":"\n

Curve DAO (CRV) Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

Where Is BAT Used?<\/h3>\n\n\n\n

BAT is most utilized by YouTubers, with over 835,917 creators using BAT. Twitter is second with 226,814, Twitch with 179,390, Websites with 159,538, Vimeo with 135,007, Reddit with 132,654, and GitHub with 67,413.((Basic Attention Token - Growth<\/a>))<\/p>\n\n\n\n

\"Platforms
Platforms used by creators using BAT. Source: Basic Attention Token<\/a><\/em><\/figcaption><\/figure>\n","post_title":"Basic Attention Token (BAT)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat","to_ping":"","pinged":"","post_modified":"2023-01-17 15:50:06","post_modified_gmt":"2023-01-17 04:50:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9081","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8629,"post_author":"1","post_date":"2022-12-10 01:14:35","post_date_gmt":"2022-12-09 14:14:35","post_content":"\n

Curve DAO (CRV) Table Of Contents<\/h2>

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\n
  • Ankur Nandwani, product manager at Coinbase.<\/li>\n<\/ul>\n\n\n\n

    Where Is BAT Used?<\/h3>\n\n\n\n

    BAT is most utilized by YouTubers, with over 835,917 creators using BAT. Twitter is second with 226,814, Twitch with 179,390, Websites with 159,538, Vimeo with 135,007, Reddit with 132,654, and GitHub with 67,413.((Basic Attention Token - Growth<\/a>))<\/p>\n\n\n\n

    \"Platforms
    Platforms used by creators using BAT. Source: Basic Attention Token<\/a><\/em><\/figcaption><\/figure>\n","post_title":"Basic Attention Token (BAT)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat","to_ping":"","pinged":"","post_modified":"2023-01-17 15:50:06","post_modified_gmt":"2023-01-17 04:50:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9081","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8629,"post_author":"1","post_date":"2022-12-10 01:14:35","post_date_gmt":"2022-12-09 14:14:35","post_content":"\n

    Curve DAO (CRV) Table Of Contents<\/h2>

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Greg Badros, former VP of Engineering at Facebook and Senior Engineering Director at Google.<\/li>\n\n\n\n
  • Ankur Nandwani, product manager at Coinbase.<\/li>\n<\/ul>\n\n\n\n

    Where Is BAT Used?<\/h3>\n\n\n\n

    BAT is most utilized by YouTubers, with over 835,917 creators using BAT. Twitter is second with 226,814, Twitch with 179,390, Websites with 159,538, Vimeo with 135,007, Reddit with 132,654, and GitHub with 67,413.((Basic Attention Token - Growth<\/a>))<\/p>\n\n\n\n

    \"Platforms
    Platforms used by creators using BAT. Source: Basic Attention Token<\/a><\/em><\/figcaption><\/figure>\n","post_title":"Basic Attention Token (BAT)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat","to_ping":"","pinged":"","post_modified":"2023-01-17 15:50:06","post_modified_gmt":"2023-01-17 04:50:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9081","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8629,"post_author":"1","post_date":"2022-12-10 01:14:35","post_date_gmt":"2022-12-09 14:14:35","post_content":"\n

    Curve DAO (CRV) Table Of Contents<\/h2>

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

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    \n
  • Zooko Wilcox, the CEO of Electric Coin Company which leads development for Zcash.<\/li>\n\n\n\n
  • Greg Badros, former VP of Engineering at Facebook and Senior Engineering Director at Google.<\/li>\n\n\n\n
  • Ankur Nandwani, product manager at Coinbase.<\/li>\n<\/ul>\n\n\n\n

    Where Is BAT Used?<\/h3>\n\n\n\n

    BAT is most utilized by YouTubers, with over 835,917 creators using BAT. Twitter is second with 226,814, Twitch with 179,390, Websites with 159,538, Vimeo with 135,007, Reddit with 132,654, and GitHub with 67,413.((Basic Attention Token - Growth<\/a>))<\/p>\n\n\n\n

    \"Platforms
    Platforms used by creators using BAT. Source: Basic Attention Token<\/a><\/em><\/figcaption><\/figure>\n","post_title":"Basic Attention Token (BAT)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat","to_ping":"","pinged":"","post_modified":"2023-01-17 15:50:06","post_modified_gmt":"2023-01-17 04:50:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9081","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8629,"post_author":"1","post_date":"2022-12-10 01:14:35","post_date_gmt":"2022-12-09 14:14:35","post_content":"\n

    Curve DAO (CRV) Table Of Contents<\/h2>

    Most Read

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    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

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    \n