Cryptocurrency with no hard cap

cryptocurrency with no hard cap

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For an Initial Coin Offering (ICO), the term hard cap refers to the upper limit on the number of tokens that can be sold. It relates to the maximum amount. Hard cap Definition - A hard cap is a limit placed by a blockchain's code on the absolute maximum supply of a particular cryptocurrency. To fully understand. A hard cap is the maximum amount of money a company hopes to raise in an ICO. On the other hand, a soft cap is the least amount of funds.
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Is crypto a financial instrument

As ethereum moves to PoS, establishing a fixed supply will help prevent such a situation by calibrating issuance at a variable rate and, thereby, preventing concentration of mining revenue with powerful machines. Find out how Cardano works and how to earn rewards. Investopedia does not include all offers available in the marketplace. This compensation may impact how and where listings appear. Superficially, miners would have an incentive to change the supply cap and grant themselves the ability to print more new bitcoin.