Cryptocurrency Q&A
When was Alephium launched?
When was Alephium launched?
Chiara
Mon Jul 29 2024
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6 answers
2102
I'm curious to know, could you provide me with some information on the launch date of Alephium? It seems to be a cryptocurrency that's garnered some attention lately, and I'm interested in learning more about its origins. Specifically, I'm wondering when exactly Alephium was introduced to the market. Do you happen to have that information at hand? It would be greatly appreciated if you could share it with me.
6 answers
CryptoDynastyLord
Wed Jul 31 2024
The genesis block is the first block in a blockchain's history and contains information about the network's initial state. In the case of Alephium, the genesis block facilitated the mining of the initial token allocation, which was then distributed to participants in the network.
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Dario
Wed Jul 31 2024
Alephium's cryptocurrency token has a limited supply, specifically capped at 1 billion tokens. This restriction ensures the scarcity of the token and can potentially contribute to its value appreciation over time.
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KimonoElegant
Wed Jul 31 2024
The token distribution process for Alephium began with the launch of its Mainnet on November 8th, 2021. This event marked the official start of the network's operation and paved the way for the token's circulation.
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PulseEclipse
Wed Jul 31 2024
As part of the Mainnet launch, a total of 140 million tokens, equivalent to 14% of the hardcap, were mined with the genesis block. This initial allocation represents a significant portion of the total token supply and sets the stage for the token's future distribution and circulation.
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Riccardo
Tue Jul 30 2024
The process of mining new tokens on the Alephium network continues after the Mainnet launch. However, the total supply remains capped at 1 billion tokens, ensuring that the token's scarcity and potential value appreciation remain intact.
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