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What is the total circulation of Altlayer (ALT) coins?
With a total circulation of 100 million coins, Altlayer (ALT) is a decentralized blockchain platform designed for smart contract creation and execution, combining Ethereum's features with Bitcoin's security.
Dec 07, 2024 at 04:51 pm
What is the Total Circulation of Altlayer (ALT) Coins?
Altlayer (ALT) is a decentralized blockchain platform designed for the creation and execution of smart contracts. It combines the features of Ethereum and Bitcoin to provide a secure and scalable environment for building decentralized applications.
Token Information:
- Name: Altlayer
- Symbol: ALT
- Blockchain: Altlayer blockchain
- Total Circulation: 100 million ALT
Key Features of Altlayer:
- Smart Contracts: ALT enables the development and execution of smart contracts, which are self-executing agreements that automate the execution of predefined conditions.
- Scalability: The Altlayer blockchain is highly scalable, allowing it to handle a large number of transactions without compromising speed or efficiency.
- Security: ALT utilizes a combination of cryptographic algorithms to ensure the security and integrity of the blockchain network.
- Interoperability: The Altlayer blockchain is designed to be interoperable with other blockchain platforms, facilitating the exchange of data and assets.
Token Distribution:
The total circulation of ALT coins is 100 million, distributed as follows:
- Public Sale: 50 million ALT (50%)
- Team and Advisors: 25 million ALT (25%)
- Ecosystem Development: 15 million ALT (15%)
- Foundation: 10 million ALT (10%)
Benefits of Holding ALT:
- Governance: Holders of ALT have voting rights in the Altlayer community, allowing them to participate in decision-making processes.
- Transaction Fees: ALT is used as the native currency for transaction fees on the Altlayer blockchain.
- Staking: ALT holders can stake their tokens to earn rewards and contribute to network security.
- Investment: ALT is a tradable asset and can be held as an investment for potential value appreciation.
Conclusion:
Altlayer (ALT) has a total circulation of 100 million coins, distributed among various stakeholders involved in the ecosystem. Its features, including smart contracts, scalability, security, and interoperability, position it as a viable platform for developing and deploying decentralized applications in various sectors.
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