What is the total number of Ethereum (ETH) coins that will exist?
Rohini Sameer JaygudeDec 06, 2021 · 3 years ago3 answers
Can you please tell me the total number of Ethereum (ETH) coins that will be in circulation?
3 answers
- Dec 06, 2021 · 3 years agoSure! The total number of Ethereum (ETH) coins that will exist is not fixed. Unlike Bitcoin, Ethereum does not have a maximum supply limit. However, there is an annual issuance limit of 18 million ETH, which means that new coins are created at a fixed rate each year. This issuance limit was implemented to control inflation and ensure the sustainability of the Ethereum network.
- Dec 06, 2021 · 3 years agoWell, the total number of Ethereum (ETH) coins that will exist is not set in stone. Ethereum operates on a different model compared to Bitcoin, where there is a maximum supply limit of 21 million coins. Ethereum, on the other hand, has no such limit. Instead, there is a continuous issuance of new coins each year. This allows for flexibility in the Ethereum ecosystem and helps to support ongoing development and network security.
- Dec 06, 2021 · 3 years agoThe total number of Ethereum (ETH) coins that will exist is not predetermined. Ethereum follows a different approach compared to Bitcoin, which has a fixed supply of 21 million coins. Ethereum's supply is determined by an annual issuance limit of 18 million ETH. This means that new coins are created each year, which helps to incentivize miners and maintain the security of the network. It's worth noting that the issuance rate may change in the future based on consensus among the Ethereum community.
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