(HAM)

HAM is a token, which means it runs on top of an existing blockchain instead of powering its own network the way Bitcoin does. Bitcoin is a self-contained system with its own miners and coin, while HAM relies on the security and infrastructure of the chain it's issued on. That typically makes transfers faster and cheaper, but it also ties HAM's fate to its host network.

Like any token, HAM is governed by a smart contract — a piece of code on the blockchain that automatically processes transfers and enforces the token's rules. The underlying chain handles consensus: its validators or miners confirm every transaction and record it permanently on the ledger. Because the contract is public, anyone can read exactly how HAM behaves.

A token's supply rules are written into its smart contract at launch and stay visible to everyone. Some tokens have a hard cap, others release new coins on a set schedule, and many burn tokens to shrink supply over time. Whatever the setup, the rules can't be changed quietly — any change shows up on-chain for all to see.

You keep HAM in a crypto wallet that supports the blockchain it's issued on, with options ranging from mobile and browser wallets to hardware devices for stronger security. The wallet controls your private keys, so your seed phrase is the only way to recover funds — write it down offline and never share it. From there you can send and receive HAM, trade it on exchanges that list it, or simply keep it in your wallet.