What is the total supply of Whitecoin (XWC) and how is it distributed?

3 answers

• Mar 19, 2022 · 3 years ago
  Whitecoin (XWC) has a total supply of 300 million coins. The distribution of the coins is done through a combination of mining, staking, and a pre-mine. The pre-mine accounts for 10% of the total supply and was used for development, marketing, and other expenses related to the project. The remaining 90% of the coins are distributed through mining and staking rewards. This ensures a fair and decentralized distribution of the coin.
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• Mar 19, 2022 · 3 years ago
  The total supply of Whitecoin (XWC) is 300 million coins. The distribution of the coins is done through a combination of mining and staking. The mining process involves solving complex mathematical problems to validate transactions and add them to the blockchain. Miners are rewarded with newly minted coins for their efforts. Staking, on the other hand, involves holding a certain amount of coins in a wallet to support the network's security and operations. Stakers are also rewarded with additional coins. This distribution mechanism helps to maintain the integrity and security of the Whitecoin network.
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• Mar 19, 2022 · 3 years ago
  Whitecoin (XWC) has a total supply of 300 million coins. The distribution of the coins is designed to ensure a fair and decentralized ecosystem. The majority of the coins are distributed through mining, where individuals and organizations contribute their computing power to secure the network and validate transactions. This process rewards miners with newly minted coins. Additionally, a portion of the coins are distributed through staking, where users hold their coins in a wallet and participate in the network's consensus mechanism. This encourages users to hold and support the Whitecoin network, fostering a strong and secure community.
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