What is the maximum supply of Dash?
Haneefah SANNINov 29, 2021 · 3 years ago3 answers
Can you please provide information about the maximum supply of Dash? I would like to know the total number of Dash coins that will ever exist.
3 answers
- Nov 29, 2021 · 3 years agoThe maximum supply of Dash is 18.9 million coins. This means that there will never be more than 18.9 million Dash coins in circulation. This limit ensures scarcity and helps maintain the value of Dash over time. It is important to note that the current circulating supply may be lower than the maximum supply due to factors such as lost coins or coins held in reserve by the Dash Core Group.
- Nov 29, 2021 · 3 years agoDash has a maximum supply of 18.9 million coins. This limit was set to ensure that Dash remains a deflationary currency, meaning that the supply decreases over time. By having a finite supply, Dash aims to create scarcity and increase its value. The maximum supply of Dash is similar to Bitcoin, which also has a cap on the total number of coins that will ever exist.
- Nov 29, 2021 · 3 years agoAccording to the official Dash website, the maximum supply of Dash is 18.9 million coins. This limit was implemented to prevent inflation and maintain the value of Dash. By having a fixed supply, Dash aims to create a store of value that can be used for transactions and investments. It is worth noting that the current circulating supply of Dash may be lower than the maximum supply, as some coins may be locked in masternodes or held by long-term investors.
Related Tags
Hot Questions
- 94
What are the tax implications of using cryptocurrency?
- 81
What are the advantages of using cryptocurrency for online transactions?
- 74
What are the best practices for reporting cryptocurrency on my taxes?
- 74
What are the best digital currencies to invest in right now?
- 73
What is the future of blockchain technology?
- 43
Are there any special tax rules for crypto investors?
- 39
How can I protect my digital assets from hackers?
- 33
How can I buy Bitcoin with a credit card?