I'm trying to understand a term I came across in the cryptocurrency context. Specifically, I'm wondering about the abbreviation 'MS'. What does it stand for in the crypto world?
7 answers
PulseWind
Fri Oct 18 2024
The ultimate total of Bitcoin's supply is capped at 21 million coins, a figure commonly referred to as Total Supply (TS) or Maximum Supply (MS). This limitation is unique to Bitcoin and sets it apart from traditional fiat currencies.
Ilaria
Fri Oct 18 2024
The varying Maximum Supply of cryptocurrencies underscores the diverse nature of the digital asset class. Each coin is tailored to meet specific needs and objectives, leading to varying levels of scarcity and potential market impact.
Chiara
Fri Oct 18 2024
The concept of Maximum Supply varies across cryptocurrencies, reflecting their distinct designs and purposes. Each digital asset has its own predetermined limit, which can significantly impact its scarcity and potential value.
Stefano
Fri Oct 18 2024
Litecoin, another popular cryptocurrency, has a much higher Maximum Supply of 84 million coins. This larger cap reflects Litecoin's intention to serve as a faster and more accessible alternative to Bitcoin.
Giuseppe
Fri Oct 18 2024
Bitcoin's circulating supply stands at 18 million coins, a significant portion of its ultimate total. This milestone highlights the gradual distribution of the digital currency into the global economy.