What is Minting? (DasCoin)

Minting is the process of producing new DasCoins. Only 8.5 billion units of DasCoin (to be exact: 8 589 934 592) will ever be minted.
The minting process begins with the submission of Cycles to the DasNet system. Rather than using the Cycles for network services, the holders of these Cycles choose to submit them to DasNet so that they can be converted to DasCoins. The system accepts Cycles and then uses them to produce DasCoins: essentially, the DasNet platform’s minting process to converts stored network capacity into stored value.