There will never be a cap on
Ether supply (which some may see as a benefit), unlike Bitcoin, which will be capped at 21 million tokens
About a third of all invested ether — some 4 percent of the total
ether supply — is now sitting in a so - called «Child DAO», waiting until it can be withdrawn in another two weeks from now.
Ethereum Improvement Proposal 960, published April 1, suggested that
the ether supply be capped at 120,204,432 units, twice the amount originally sold in 2014.
The attack affected one - third of the total Ether in The DAO and over 4 % of the entire
Ether supply in the Ethereum network.
As if that wasn't enough, he started stealing
your ether supplies.
Not exact matches
Ethereum on the other hand has no maximum
supply, and is capped at an annual rate of 18 million
ether — meaning that the purchasing power of a deflationary currency (bitcoin) is expected to rise over time, whereas the value of an inflationary currency (
ether) will drop.
Despite Coin Center's protestations to the contrary, the fact is that nobody actually knows how decentralized the world's
supply of
Ether is.
Poughkeepsie... The Dutchess County Department of Health (DCDOH) has issued a report summarizing the significant decline in methyl tertiary butyl
ether (MTBE) levels in Dutchess County public water
supplies over the past decade.
In several experiments, seeds of different sizes or different experimental treatments were marked by spraying with 10 % fluorescent printers» ink (Gans Ink and
Supply Co.) in
ether.
And while
Ether's a key driver, other
supply / demand factors have played an equally important role in delivering these ICO gains (reminiscent of the original dot - com bubble).
On April 1st, Vitalik Buterin submitted a proposal on GitHub suggesting that Ethereum should decide over a fixed
supply of
Ether in the next hard fork.
Buterin ended the Twitter thread by stating that he is personally in favor of a fixed
supply of
Ether.
On April 1, 2018, a day known as April Fools» Day, Vitalik Buterin published Ethereum Improvement Proposal (EIP) 960 to limit the
supply of
ether (ETH) to 120,204,432 — twice the amount issued in the project's presale in 2014.
In the first tentative days of the platform - known as the «thawing phase» - the
supply of
ether will be normal, 5 ETH per block, which are created roughly every 12 seconds.
Vitalik Buterin, the creator of Ethereum, proposed to limit the total
supply of the coins by 120 204 432 ETH, which is exactly 2x the amount of ETH sold in the original
ether sale.
However, Ethereum's creator has written a proposal, in which he suggests capping the
supply of
ether (ETH).
It would also mean the total
supply would be capped at twice the number of tokens sold during the initial sale of
Ether.
One argument in favor of a fork, is that a high percentage of the overall
ether -
supply could be in the hands of a single person, and that this would be a risk when Proof of Stake is to be introduced.
For example, Andrew Lee, CEO of bitcoin deals platform Purse, noted that his startup is accepting
ether, but that it has explored how Ethereum could be used to automate certain parts of the online commerce process and as part of conversations about the future of
supply chains.
Upon launch, an initial
supply of 10 million MTN tokens will be issued, with 8 million MTN tokens sold in a descending price auction (DPA) for Ethereum's
ether currency (ETH).
In comparison, Ethereum will continue to release the same amount of
Ether on a regular basis forever, so its
supply will remain constant and expanding.
Vitalik Buterin may effectively introduce a hard cap
supply for
Ether.
Considering the future
supply of
Ether, developers may want to ensure that the number of coins remains constant.
They are starting to create products that are similar or at least
supplying quicker solutions than
ether is doing - so now they are starting to chase the top 5.
The total
supply of
Ether and its rate of issuance were determined by the donations gathered on the presale of the currency or ICO that was conducted in 2014.
The problem with this is that it makes
Ether a poor method of storing value long - term since the
supply will always be increasing.
In a post authored on GitHub, Ethereum founder Vitalik Buterin proposed a fixed
supply cap on the total number of
ether (ETH).
Before the pre-sale in 2014, it was agreed by all invested parties that the
supply should be limited to 18 million
ether per year and in that 60 million
ether should be made available right from the beginning.
In an «April Fool Prank,» Ethereum founder Vitalik Buterin proposed a fixed
supply cap on the total number of
ether (ETH), keeping in mind the economics of the network to ensure rewards for node providers and developers.
It should also be noted that the issuance of
ether is capped at 18 million
ether per year (this number equals 25 % of the initial
supply).
The total
supply of
ether is not capped like Bitcoin is.
The total
supply of
Ether and its rate of issuance was decided by the donations gathered on the 2014 presale.
The
supply of
Ether is controlled only by how quickly these blocks can be mined.