What is the total supply of Tensor (TNSR) coins?

TNSR powers the decentralized Tensor network, offering distributed computing, data storage, and machine learning services with benefits of decentralization, security, scalability, and efficiency.

Dec 29, 2024 at 04:30 pm

Key Points:

• The total supply of Tensor (TNSR) coins is 5 billion.
• TNSR is a utility token that powers the Tensor network.
• TNSR can be used to pay for transaction fees, stake for rewards, and participate in governance voting.
• The Tensor network is a decentralized network that provides a variety of services, including distributed computing, data storage, and machine learning.

Total Supply of Tensor (TNSR) Coins

The total supply of TNSR coins is 5 billion. This supply is fixed and cannot be increased. The supply is divided as follows:

• 50% is allocated to the Tensor Foundation.
• 25% is allocated to the Tensor team.
• 25% is allocated to the Tensor community.

The TNSR Foundation is a non-profit organization that supports the development of the Tensor network. The Tensor team is responsible for the development and maintenance of the Tensor network. The Tensor community is made up of users, developers, and investors who support the Tensor network.

Utility of TNSR Coins

TNSR coins are used to power the Tensor network. TNSR can be used to:

• Pay for transaction fees.
• Stake for rewards.
• Participate in governance voting.

Transaction fees are used to pay for the cost of processing transactions on the Tensor network. Staking rewards are paid to users who stake their TNSR coins to help secure the network. Governance voting allows users to vote on proposals that affect the development of the Tensor network.

Tensor Network

The Tensor network is a decentralized network that provides a variety of services, including distributed computing, data storage, and machine learning. The Tensor network is powered by the TNSR coin.

Tensor offers a variety of benefits over traditional centralized networks:

• Decentralization: The Tensor network is not controlled by any single entity.
• Security: The Tensor network is secured by a distributed network of nodes.
• Scalability: The Tensor network can scale to meet the needs of its users.
• Efficiency: The Tensor network is efficient and cost-effective.

FAQs

What is the price of TNSR coins?

The price of TNSR coins is determined by supply and demand. The price of TNSR coins has been volatile since its launch, but it has generally trended upwards.

Where can I buy TNSR coins?

TNSR coins can be purchased on a variety of cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.

How can I store TNSR coins?

TNSR coins can be stored in a variety of cryptocurrency wallets, including the Ledger Nano X, the Trezor Model T, and the Exodus wallet.

What is the future of TNSR coins?

The future of TNSR coins is bright. The Tensor network is a promising project with a strong team and a dedicated community. As the Tensor network grows and adoption increases, the demand for TNSR coins is likely to increase.