ADA decreasing coin supply?


#1

Anyone else heard the rumour that cardano is planning to burn off some of the coin supply? I have seen this rumour on mutiple comments on youtube videos about ADA. If this is true, is there anyone that can provide me a link or something like that with more info?


#2

I read that Charles mentioned this in one of his videos, but at this point I’m not sure if it was a formal statement, or if he said that randomly. I never found it


#3

@CosmosX From what I read, what they are burning now are the transaction fees processed by their servers. The transaction fees are meant to be distributed when proof of stake is available in the wallet. So instead of pocketing the generated fees, they burn it. https://cardanodocs.com/cardano/transaction-fees/


#4

thnx for sharing @javaronin