Through mining, only 21M of BTC coins will be released into circulation by the Bitcoin protocol. BTC coins are digitally scarce. However, this feature is not unique to Bitcoin. Creating digital scarcity is an easy concept to copy. Through staking, Cardano will release only 45B of ADA coins into circulation. Also, ADA coins are digitally scarce. What about tokens and NFTs? In this article, we will explain what digital scarcity is and what it depends on.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/understanding-digital-scarcity