Circulating Supply
By CoinGecko | Updated on Aug 12, 2021
Circulating supply can be defined as the supply that is currently in the hands of the general public.In the case of fairly mined proof-of-work systems (eg. Bitcoin), the total supply is approximately equivalent to the circulating supply, as there are no token generation events which puts large amounts of tokens in the hands of a select few.On the contrary, initial coin offering (ICO) which have token generation events typically have a lower circulating supply vs. the total supply, such that: Circulating supply = Total Supply - Team tokens - Foundation tokens - Locked tokens
Related Terms
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Central data repository of a company or bank
HODL
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A crypto slang encouraging investors to hold on to their assets rather than selling it.
Public Blockchain
An open sourced blockchain where participation is public and permissionless
KYC (Know Your Customer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
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