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Topic: Ethereum's supply cannot be verified - page 2. (Read 385 times)

sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
August 10, 2020, 09:34:26 PM
#15
I believe the most accurate way to check the current supply of the coin is by using desktop wallet directly.
Open the console and write a command there, in Bitcoin the command i think 'gettxoutsetinfo'
It will shows something like this :
{
  "height": 643150,
  ...
  "total_amount": 18457180
}
jr. member
Activity: 1162
Merit: 1
Base.protocol
August 10, 2020, 01:18:32 PM
#14
This has always being in constant debate on the supply of ethereum and I also think this supply affects the price on it each time. Let's see what the developers will do over time.
hero member
Activity: 1249
Merit: 506
August 10, 2020, 12:39:47 PM
#13
I have less knowledge on the technical aspect of ETH. Aas far as I know, it's supply is not fixed and infinite. I think I was wrong. Anyway, with the new ETH 2 version, they are going to make ETH limited in supply. So, if the above is a big, I guess they will have fixed it in the new version.
The problem is that until now no one can be sure when version 2.0 of Ethereum can be released. So at the present time people still have to accept the fact that Ethereum's supply is unknown.
If the development team does not quickly answer the question about Ethereum's source, there will certainly be many investors losing patience with this project.
member
Activity: 112
Merit: 17
August 10, 2020, 12:21:33 PM
#12
It´s just important for some BTC maximalists like Hodlnaut who is obviously not smart enough to understand the different use cases of BTC and Ethereum. At this point, it´s absolutely unimportant how many ETH coins are out there, it´s about the use and adoption that we should care. The fact that some BTC freeks joining the choir of bashing Vitalik for not coming up with clear numbers are just an annoyance and should be ignored. We are in this togetherr, crypto is no place for tribalism.
member
Activity: 938
Merit: 13
AMEPAY
August 10, 2020, 11:06:26 AM
#11
Ethereum supply was growing continuously according to the needs of the project team, i am talking about ethereum 1.0, which is understandable because due to massive development work going on ethereum network seems to be sourcing funds directly by selling some coins in the market although this could not be the ideal thing to do as far as supporters or investors are concerned but there are not many options. But the good thing is that this is going to be changing with eth 2.0 we will know exact supply and numbers in the market in a precise and transparent way.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
August 10, 2020, 10:43:32 AM
#10
currently on coinmarketcap, the total supply of Ethereum is only a few different, on coinmarketcap 112,123,103 and on etherscan 112,123,177.59,
of course my benchmark is still at Etherscan, the total supply of Ethereum cannot be verified due to inflation,
my question, what is shown in etherscan about the "total supply" is the circulating supply? If there is a total supply, why doesn't Coinmarketcap show it?

As the supply is ever increasing, they need to map every new blocks to find the new supply of the coin. And I think every of the tracker would not track for the coins everytime but do so on scheduled time to limit resources. The difference in supply might be due to the difference in their last update time. With ETH 2.0, things might get more predictable.
sr. member
Activity: 2002
Merit: 250
August 10, 2020, 10:40:01 AM
#9
currently on coinmarketcap, the total supply of Ethereum is only a few different, on coinmarketcap 112,123,103 and on etherscan 112,123,177.59,
of course my benchmark is still at Etherscan, the total supply of Ethereum cannot be verified due to inflation,
my question, what is shown in etherscan about the "total supply" is the circulating supply? If there is a total supply, why doesn't Coinmarketcap show it?
newbie
Activity: 38
Merit: 0
August 10, 2020, 10:33:31 AM
#8
I guess ethereum supply is not fixed, in fact I've always known that ethereum had an indefinite Total supply, I believe that explains why there are divergent figures when trying to get the total supply. I really don't know why the developers made it this way, but I ones read that it would be corrected in the ethereum 2.0 project.
I hope you're right, but I never heard of anything like this.
I'm pretty sure tho that if ethereum 2.0 won't cut total supply of eth its going to kill it in long term
member
Activity: 294
Merit: 10
WhalesHeaven - Custody Free Swap Exchange
August 10, 2020, 10:04:18 AM
#7
It appears that there is another issue with Ethereum again hehe. I was shaking my head and laughing on Eth 2.0's constant delays, however, this might be the best course for their developers, who always does something wrong, and their loyal investors.


Meanwhile, “Leon” ran the script and came up with several different supply figures when he (claimed on Twitter) to have ran the script:

This is incredible. Popular block explorers and coinmarketcap all show a different ETH supply

Maybe fix this before launching Ethereum 2.0 frens https://t.co/Nf8sq2PO9W

I didn't believe so I just tested

blockchair.com/ethereum 112086620

https://twitter.com/marcandu/status/1291840343047118854 112429827

etherscan.io/stat/supply 112086460

https://ethplorer.io/address/0x0000000000000000000000000000000000000000 112086233

eth.tokenview.com/en/ 109372852

https://coinmarketcap.com/currencies/ethereum/ 112086403

https://etherchain.org/charts/totalEtherSupply 111,743,459


Read in full https://cryptoslate.com/how-many-ethereum-in-circulation-asks-the-bitcoin-community/
As far as i know ethereum has a flexible supply but this issue will also be taken care of in shape of eth 2.0 and the network will be converted into a truly deflationary model with fix supply and that too will be reduced due to constant burning with network' revenues.
hero member
Activity: 924
Merit: 520
August 10, 2020, 10:01:10 AM
#6
I believe Coinmarketcap's data on circulating supply is updated every few minutes and not in real time. Ethplorer seems fine to me but I prefer to use Etherscan and I find its total supply data on ETH more reliable and more informative than any other explorers.

https://etherscan.io/stat/supply

sr. member
Activity: 1372
Merit: 322
August 10, 2020, 09:20:25 AM
#5
I have less knowledge on the technical aspect of ETH. Aas far as I know, it's supply is not fixed and infinite. I think I was wrong. Anyway, with the new ETH 2 version, they are going to make ETH limited in supply. So, if the above is a big, I guess they will have fixed it in the new version.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
August 10, 2020, 09:10:59 AM
#4
The same issue has been discussed with the price of the coin, because different sites show different data. Each developer has its own settlement mechanism, and these differences did not lead to losses.
After the launch of Phase 2, Ethereum mining will stop and the number of mined coins will be greatly reduced.
ETH 2.0 plans to burn most of the commissions, since the number of coins will stop growing strongly on the new algorithm.
full member
Activity: 1820
Merit: 107
August 10, 2020, 09:03:07 AM
#3
I think this is an old issue, Its already been a hot topic before but still, it was not clear until today. by the way, I believe Ethereum total supply will be determined after the launch of Eth 2.0 because if it did not fix it might be used against them to create another serious accusation which is not good for Ethereum.   
copper member
Activity: 350
Merit: 1
August 10, 2020, 08:32:03 AM
#2
I guess ethereum supply is not fixed, in fact I've always known that ethereum had an indefinite Total supply, I believe that explains why there are divergent figures when trying to get the total supply. I really don't know why the developers made it this way, but I ones read that it would be corrected in the ethereum 2.0 project.
legendary
Activity: 3010
Merit: 1460
August 09, 2020, 10:47:07 PM
#1
It appears that there is another issue with Ethereum again hehe. I was shaking my head and laughing on Eth 2.0's constant delays, however, this might be the best course for their developers, who always does something wrong, and their loyal investors.


Meanwhile, “Leon” ran the script and came up with several different supply figures when he (claimed on Twitter) to have ran the script:

This is incredible. Popular block explorers and coinmarketcap all show a different ETH supply

Maybe fix this before launching Ethereum 2.0 frens https://t.co/Nf8sq2PO9W

I didn't believe so I just tested

blockchair.com/ethereum 112086620

https://twitter.com/marcandu/status/1291840343047118854 112429827

etherscan.io/stat/supply 112086460

https://ethplorer.io/address/0x0000000000000000000000000000000000000000 112086233

eth.tokenview.com/en/ 109372852

https://coinmarketcap.com/currencies/ethereum/ 112086403

https://etherchain.org/charts/totalEtherSupply 111,743,459


Read in full https://cryptoslate.com/how-many-ethereum-in-circulation-asks-the-bitcoin-community/
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