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Educational Byte: GBYTE Total Supply vs Other Coins
Manage episode 435961168 series 3570694
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This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-gbyte-total-supply-vs-other-coins.
Explore the significance of fixed supply in cryptocurrencies like GBYTE, and how it contrasts with fiat currencies and other crypto models like Bitcoin and Ethe
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #cryptocurrency-investment, #token-supply, #cryptocurrency-adoption, #gbyte, #obyte, #bitcoin-vs-ether-supply, #crypto-market-trends, #good-company, and more.
This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.
In general, ‘supply’ indicates the quantity or amount of something available for use. Commonly, fiat currencies have unlimited supplies, while cryptocurrencies often come with limited supplies. GBYTE, the native currency of the Obyte Network, also has a fixed total supply to take advantage of the benefits this brings.
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