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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

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Related Terms

Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Decentralized Applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
Public Keys
The alphanumeric string which serves as a public receiving address in cryptocurrencies.
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