Is there a cap on the supply of Ethereum?
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Can you please explain whether there is a maximum limit on the supply of Ethereum? I'm curious to know if there will ever be a point where no more Ethereum can be created.
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3 answers
- Yes, there is a cap on the supply of Ethereum. The current supply of Ethereum is not unlimited like some other cryptocurrencies. The maximum supply of Ethereum is set at 18 million ETH per year. However, it's important to note that this cap is not fixed and can be changed through community consensus and protocol upgrades. This cap is designed to control inflation and ensure the long-term sustainability of the Ethereum network.
Feb 18, 2022 · 3 years ago
- Absolutely! Ethereum has a cap on its supply. This means that there will be a point where no more Ethereum can be created. The current supply cap is set at 18 million ETH per year. This cap helps maintain the value of Ethereum and prevents excessive inflation. It also encourages holders to keep and use their Ethereum rather than hoarding it. So, rest assured, Ethereum's supply is not unlimited and there are mechanisms in place to ensure its stability.
Feb 18, 2022 · 3 years ago
- Yes, there is a cap on the supply of Ethereum. The current supply cap is set at 18 million ETH per year. This cap is in place to prevent excessive inflation and maintain the value of Ethereum. It also encourages the use and circulation of Ethereum within the ecosystem. However, it's worth noting that this cap can be adjusted through community consensus and protocol upgrades. So, while there is a cap, it's not set in stone and can be changed if needed.
Feb 18, 2022 · 3 years ago
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