Cryptocurrency Q&A
What is the maximum ADA supply?
What is the maximum ADA supply?
CherryBlossomDance
Fri Oct 18 2024
|
6 answers
1288
I'm curious about the maximum supply of ADA, the native token of the Cardano blockchain. I want to know the upper limit of how many ADA tokens can exist.
6 answers
SumoPower
Sun Oct 20 2024
Cardano (ADA) is a decentralized blockchain platform designed to host smart contracts and decentralized applications. A key aspect of its ecosystem is the finite supply of its native token, ADA.
Was this helpful?
225
23
Elena
Sun Oct 20 2024
The maximum number of ADA tokens that will ever be in circulation is capped at 45 billion. This limit ensures scarcity, which is a fundamental principle in economics and can help maintain the value of the token over time.
Was this helpful?
101
69
charlotte_wilson_coder
Sat Oct 19 2024
The initial distribution of ADA tokens took place during the project's fundraising phase, known as the Cardano Initial Coin Offering (ICO). Since then, new tokens have been gradually released into the market through various mechanisms, such as staking rewards.
Was this helpful?
213
43
Chiara
Sat Oct 19 2024
The total number of ADA tokens currently in circulation is constantly changing due to factors such as transactions, staking, and burning. However, the total supply will never exceed the predetermined limit of 45 billion.
Was this helpful?
373
65
Eleonora
Sat Oct 19 2024
This limitation is crucial for maintaining the stability and security of the Cardano network. It prevents inflation, which can erode the value of a cryptocurrency over time, and ensures that the network remains decentralized and resistant to manipulation.
Was this helpful?
50
23
Load 5 more related questions
