Generally, the total supply of a cryptocurrency is predetermined and immutable after launch. Any alternations to the supply-demand consensus among network participants are typically outlined in the coin's initial whitepaper. Changing the total supply post-launch is a significant decision, as has implications for the coin's value, inflation, and overall economic model. This process underscores the importance of transparency and community agreement in cryptocurrency governance.
Can the total supply of a cryptocurrency be changed after its launch?
- Thread starter ekta
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When developers want to create crypto they have determined the max supply, whether it is unlimited like Ethereum, BNB, so once the crypto is launched it will be very difficult to change even though it may require very high costs to change the blockchain and nodes. In general, to reduce the amount of crypto circulation, burning will be carried out.
In exceptional circumstances, it’s possible to change the total supply of a cryptocurrency after its launch. This is done to ensure that the cryptocurrency remains decentralized and remains in line with its original purpose. It is, however, not a decision to be taken lightly as it can affect market sentiment and the value of the currency.
