Someone can explain me the Ethereum supplying rule ?

pinkman12345

legendary

Activity: 1070

Merit: 1021

ETH is moving now to POS ( proof of stakes) so probably in next year as per yesterday live speech from vitalik from 2018 MID there will be no more mining, so all the profits will be just for staking like today we have airdrops, any new altcoin now launches gives some portion as airdrop to all eth holders but in coming year as no miners will be there but all verifier will be there then network will adjust the txn cost and it will pay to the verifier and this way the volatility will be reduced forever.

Next milestones for eth are stealth transaction and the prototype is already ready and devs are working on it, ETH is not like BTC where people are fighting for transition it is very peaceful community. The smart contract is just a tip of iceberg, more revolution is coming soon.

CryptoTamer

full member

Activity: 364

Merit: 101

Quote from: altintarr on December 15, 2017, 05:16:27 AM

Hello,

Thanks for your answers.

I'm a little bit disappointed, Ethereum has a total cap equal to 68G$ and it seems nobody knows what are the ethereum supplying rules...
What if ethereum never swith to PoS ? What if ethereum are unlimitedly created? Value will never increase..

Little chance of this happening but I will give an opinion on this question

Some scalability problems can be addressed more easily with Pos , if Ethereum never switches to Pos it seems they should find another way to solve the scalability problem

And if Ethereum supply is unlimited I think Ethereum will lose its value , because it will make many people disappointed and leave

altintarr

member

Activity: 104

Merit: 10

Hello,

Thanks for your answers.

I'm a little bit disappointed, Ethereum has a total cap equal to 68G$ and it seems nobody knows what are the ethereum supplying rules...
What if ethereum never swith to PoS ? What if ethereum are unlimitedly created? Value will never increase..

CryptoTamer

full member

Activity: 364

Merit: 101

Etheruem issuance is 18 million ether per year but I don't know the maximum limit of Ether supply
Maybe we will know it in the future after Ethereum switch to Proof of Stake

cryptoatomic

member

Activity: 168

Merit: 12

No one knows the truth he might say it just for advertisement,to gain trust to people but as far as i know ethereum has no limit like BTC,thats why price of ethereum didnt skyrockets like btc plus there are lots of network issues in ethereum.

altintarr

member

Activity: 104

Merit: 10

Hello,

I have read many different things on this topic, on this forum, but also on other website, but I unable to find someone that can explain me clearly the ethereum supplying rule.

For Bitcoin, this is very simple :
- x BTC every 10min
- x = 50 BTC, and x=x/2 every 4 years (halving every 210,000 blocks)

With this, you can clearly estimate the number of bitcoin at any time in the past, or in the future (modulo the block time which is not exactly 10min)

But what about ethereum ? As I understand, there is no halving, so ethereum are created without limit... Ok but Vitalik said the opposite by saying that the hard cap of ethereum supply is near 100M.

What is the truth ?

Topic: Someone can explain me the Ethereum supplying rule ? (Read 139 times)