Sentences with phrase «fixed coin supply»

The dominant narrative to - date has been that digital currencies like Bitcoin have value because of the utility of the distributed payments system combined with an (eventually) fixed coin supply.

Not exact matches

Bitcoin's supply, in contrast, is forever fixed, by computer code, at a total of 21 million coins (of which about 80 % have been produced).

For instance, Bitcoin's maximum supply is fixed at 21 million coins.

Fixed Finite Supply - It has decided to issue a limited number of coins, and this number will hardly ever have change.

Like Bitcoin, it has a total fixed supply of 21 million coins.

There is a fixed supply of 200 million KMD coins, 100 million of which are used to reward miners in the dPoW system.

Initial coin supply: 10M (10,000,000) distributed via crowdfunding Algorithm: Scrypt — 100 % PoS v2 (Proof of Stake) + PoP (Proof of Play) PoS: 10 % fixed interest annually

Though there is no fixed supply cap for Ethereum right now, the number of coins added per year varies a bit, and is currently roughly 20 % of the supply.

As more enterprises and individuals use NEM, then, its price will increase due to the increased demand for a fixed supply of coins.

There's a fixed supply of 21 million coins (sound familiar?)

Indeed, Buterin himself later said that a fixed supply is «worth considering» because Ethereum's transition to a Proof - of - Stake (PoS) consensus algorithm will eventually eliminate the need for Proof - of - Work (PoW) mining and will allow the protocol to issue rewards without creating new coins.