Minting

Minting is the process of creating new tokens for a blockchain network. Minting uses no resources and increases the circulating supply. It is frequently performed by validator nodes (in systems that contain these types of nodes). To remain valuable, newly minted cryptocurrencies frequently have no upper supply limit and rely on the continuous growth of the project’s economic system. Crypto minting is similar to the traditional finance and banking process in that there is no limit to the amount of money that can be printed, except that the printing must be controlled to prevent excessive inflation/devaluation.