What is the issue price of PPC coins? Introduction to the issue price and issue quantity of PPC coins

Monero's total issuance of 21 million coins was initially released on April 18, 2014, and its total supply is expected to be reached by May 21, 2022.

Sep 30, 2024 at 11:11 am

What is the Issue Price of PPC Coins?

Monero (XMR) is a decentralized, open-source cryptocurrency that focuses on privacy and security. It was created in 2014 by a group of developers who wanted to improve upon the privacy features of Bitcoin. Monero uses a variety of cryptographic techniques to make it very difficult to trace transactions.

Issue Price of PPC Coins

Monero is an open-source project, which means that there is no single entity that controls its development. This also means that there is no central treasury that is responsible for issuing coins. Instead, new coins are created through mining, a process by which computers solve complex mathematical problems in order to verify transactions.

The number of new coins created per block is set to decrease over time, eventually reaching a fixed supply of 21 million coins. This is similar to how Bitcoin's supply is set to be capped, although Monero's total supply is significantly larger than Bitcoin's.

Issue Quantity of PPC Coins

The initial issuance of XMR (PPC coins) was on April 18, 2014, and its total issuance is 21 millions PPC. It was originally released with a blockchain size of 28,000 blocks that were processed in just over 24 hours. The total supply of Monero is expected to be reached by May 21, 2022, according to the Monero Growth Calculator.

Conclusion

Monero is a privacy-focused cryptocurrency that has attracted a significant following due to its strong security and anonymity features. The issuance of PPC coins is set up to be fair and transparent, and the total supply is limited to 21 million coins.