Quote from: Robin,Hood on August 12, 2015, 05:12:29 PM

Quote from: stoat on August 12, 2015, 11:17:27 AM

Quote from: Dire on August 12, 2015, 11:01:14 AM

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.

Stop thinking, horses are better suited for it, as bigger head.
ETH, no hard cap, unlimited 13mil yearly supply, Dogecoin 2.0

it is true ETH have no hard cap. insiders(coders) can issue themself more ETH if decided. ETH is like a very profits company but these people think they're just a none profit organization which is not true. These people are very profits from this scam, they can also issuing more shares(ETH) any time they want.