Cryptocurrency Q&A
Is Cardano unlimited?
Is Cardano unlimited?
Giulia
Fri Oct 18 2024
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5 answers
1125
I'm curious about Cardano and its limitations. Specifically, I want to know if Cardano is unlimited in its capabilities or if there are any restrictions or boundaries that I should be aware of.
5 answers
EnchantedMoon
Sun Oct 20 2024
Cardano is a cryptocurrency with a total supply that is capped at 45 billion coins. This feature sets it apart from many other digital currencies that have an unlimited or highly inflationary supply.
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Federico
Sun Oct 20 2024
The fixed supply of Cardano is reminiscent of Bitcoin, the pioneering cryptocurrency. Like Bitcoin, Cardano's supply is designed to be limited, providing a scarce resource that can be traded and used as a store of value.
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benjamin_brown_entrepreneur
Sun Oct 20 2024
The decision to cap Cardano's supply at 45 billion coins was a strategic one. It aims to ensure that the currency retains its value over time by limiting the amount of new coins entering the market.
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MysticStar
Sun Oct 20 2024
As a result of its fixed supply, Cardano holders can have greater confidence in the long-term stability of the currency. They can be assured that the supply will not be diluted by an endless stream of new coins, which could potentially devalue their holdings.
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EthereumLegend
Sun Oct 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of Cardano and other cryptocurrency investors. These services include spot trading, futures trading, and wallet management, among others.
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