In the ever-evolving landscape of cryptocurrency, Canxium stands out with a distinctive approach to mining and coin supply. The fundamental question often asked is, “What’s the CAU supply, and is it unlimited?” The answer lies in the intricate design of Canxium’s mining mechanism. To understand this let’s delve deeper into the intricacies of Canxium’s supply dynamics:
Theoretical Unlimited Supply: On a theoretical level, Canxium, much like Ethereum has an unlimited supply. This means that, in principle, new CAU coins can continue to be generated. However, the practical realization of achieving an infinite total supply faces significant challenges, primarily stemming from the unique mining process employed by Canxium.
Challenges in Creating New CAU: The complexity arises when attempting to create new CAU coins. This process is intentionally made challenging to ensure that generating new units becomes a significant task.
Hydro Fork and Increased Difficulty: Post the Hydro fork, the creation of new CAU coins is tethered to a significant milestone — the Canxium network must collectively achieve a total of 2 PH difficulty. This stands in stark contrast to the current difficulty level, which is measured at 7 TH (terahashes), equivalent to 0.007 PH (petahashes). The substantial leap in difficulty underscores the formidable nature of the task.
Diverging from Traditional Scarcity Models: Canxium diverges from traditional scarcity-driven models. The cost of creating 1 CAU has increased since the first blocks, from $0.2-$0.3 to an anticipated number of hundred dollar in the next 2 years. This unique model ensures that the price of each CAU is not merely driven by scarcity but is created from real value, each having its intrinsic value.
The goal is not just to control the pace of coin creation but also to anchor CAU’s value to real-world resources, creating a coin with intrinsic value rather than relying solely on scarcity dynamics.
Mining Rewards: Stability Amidst Variability: The mining rewards of Canxium remain constant after the fork, irrespective of the number of miners or the overall mining activity. This stability is in stark contrast to other cryptocurrencies where block rewards decrease as more miners join, leading to increased mining costs. Canxium’s stability ensures a harmonious balance between miners, holders, and users.
Fighting Speculation and Volatility: Canxium’s approach is a strategic move to combat speculation, price manipulation, and high volatility. By anchoring the mining cost and ensuring a steady supply, Canxium aims for a sustainable future where CAU is widely trusted and used.
Stable Mining Costs and Balancing Supply and Demand: Canxium’s mining costs remain stable due to the variability of block rewards. Unlike other blockchains where more miners result in increased mining difficulty and costs, Canxium’s model ensures that the supply of CAU expands with growing demand. This mechanism maintains a seamless balance between supply and demand dynamics while keeping mining costs per CAU stable in all situations.
Unlike other PoW coins, where their mining costs are determined by popularity of the coin. The mining cost of $CAU will always be stable under all conditions, even if there is only one person mining.
CAU, so infinite so infinity finite.
In conclusion, Canxium’s mining dynamics introduce a new paradigm in the crypto space. By departing from conventional scarcity models, ensuring stable mining costs, and leveraging innovative approaches like offline mining, Canxium sets the stage for a cryptocurrency that is not only technologically robust but also economically sustainable.
