What is the maximum number of Tezos coins that can exist?
tahir zadaNov 26, 2021 · 3 years ago3 answers
Can you please explain what is the maximum number of Tezos coins that can exist and how it is determined?
3 answers
- Nov 26, 2021 · 3 years agoThe maximum number of Tezos coins that can exist is determined by the protocol itself. Tezos has a fixed maximum supply of 763,306,930 XTZ. This means that there will never be more than 763,306,930 Tezos coins in circulation. The protocol is designed to gradually release new coins through the process of baking, where users can delegate their XTZ to validators and earn rewards in return. Once the maximum supply is reached, no new coins will be created.
- Nov 26, 2021 · 3 years agoTezos has a maximum supply of 763,306,930 coins. This number was determined during the initial creation of the Tezos blockchain and is hard-coded into the protocol. It ensures that there is a finite amount of Tezos coins that can ever exist, which can be seen as a measure to prevent inflation. Once the maximum supply is reached, no more coins will be generated.
- Nov 26, 2021 · 3 years agoThe maximum number of Tezos coins that can exist is set at 763,306,930 XTZ. This limit was established by the Tezos protocol and cannot be changed without a consensus from the Tezos community. It is important to note that the current circulating supply of Tezos coins is lower than the maximum supply, as new coins are gradually released through the baking process. Once the maximum supply is reached, the number of Tezos coins will remain fixed.
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