Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Hi guys,
I look at coinmarketcap and see:
What is that mean? Is BYTEBALL still supplying coins?
Quote
The total number of bytes is 1015, all bytes were issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.
Exchanges list the currency as gigabytes (GB, GBYTE), 1 gigabyte is 1 billion bytes. The total money supply in gigabytes is 1,000,000.
Exchanges list the currency as gigabytes (GB, GBYTE), 1 gigabyte is 1 billion bytes. The total money supply in gigabytes is 1,000,000.
I look at coinmarketcap and see:
Code:
Circulating Supply
645,222 GBYTE
Total Supply
1,000,000 GBYTE
645,222 GBYTE
Total Supply
1,000,000 GBYTE
What is that mean? Is BYTEBALL still supplying coins?
It means that not all the coins are in circulation. They are stored in a wallet or are not even mined yet. You need to do some research on crypto
