How much is the Catizen (CATI) currency issued?

How much is the Catizen (CATI) currency issued?

Catizen (CATI) is a decentralized and privacy-focused cryptocurrency that utilizes X-25519 elliptical curve cryptography and the Ed25519 hash function for its digital signatures. It is a medium-of-exchange token designed for fast and secure payments, with a focus on user privacy and security.

Circulating Supply

The circulating supply of Catizen (CATI) is 10,000,000,000 CATI. This number may fluctuate slightly over time due to network fluctuations and exchange listings.

Total Supply

The total supply of Catizen (CATI) is 10,000,000,000 CATI. The total supply is fixed and cannot be increased, making CATI a deflationary currency.

Issuance

The initial issuance of Catizen (CATI) occurred during its initial coin offering (ICO) in 2018. A total of 50% of the total supply was issued during the ICO, with the remaining 50% retained by the Catizen Foundation for ecosystem development and growth.

Distribution

The distribution of Catizen (CATI) is as follows:

• 50% issued through the ICO
• 50% held by the Catizen Foundation for ecosystem development

Use Cases

Catizen (CATI) can be used for a variety of purposes, including:

• Making fast and secure payments
• Purchasing goods and services from online and offline merchants
• Staking to earn rewards and support the network
• Participating in decentralized applications (dApps) built on the Catizen blockchain

Benefits

Catizen (CATI) offers several benefits, including:

• Privacy: Catizen utilizes advanced cryptography to protect user privacy. Transactions are fully confidential and cannot be traced back to the sender or receiver.
• Security: Catizen is built on a secure and robust blockchain, making it resistant to hacking and fraud.
• Speed: Catizen transactions are processed quickly and efficiently, with average confirmation times of under 10 seconds.
• Scalability: The Catizen blockchain is designed to be scalable, allowing it to handle a high volume of transactions without compromising speed or security.