Maximum Supply

A cryptocurrency’s maximum supply is the total number of coins or tokens that will ever be produced. This implies that after the maximum supply has been achieved, no additional coins will be coined, mined, or created in any other manner.

The constraints established by each digital asset’s underlying protocol typically serve as a cap on the maximum supply. Therefore, in accordance with the project’s source code, the maximum supply and issuance of new coins are often specified in the genesis block.

The total number of Bitcoins that can ever be mined is capped at 21 million. The programming of Bitcoin has a provision that prevents any rewards for the number of coins exceeding the 21 Million mark.

Leave a Reply

Your email address will not be published. Required fields are marked *

© WazirX. All rights reserved

Scroll to Top