I think the protocol is very interesting, to be sure. If it develops the way it should/hoped it'll be very special.
I just want to know though - because no matter how much I read about it I'm still not sure - what is the total amount of Ether there will be?
Is there a hard written quantity in the code that is irreversible? As far as I can make out, that's not the case and no promises have been made not to increase the Ether supply. Is that correct?
I understand that each time Ether is used it's burned, is that also correct?
Thanks in advance
Ether is not burned. It is fungible like Bitcoin.when you spend ETH in. A smart contract the contract transfers the ETH according to its code. I guess you could write a smart contract that would burn ETH.
I think total coin supply is 90 million currently 60 million.