Quote from: john_cm on Today at 09:02:00 AM

Quote from: PaperWallet on Today at 06:02:52 AM

Hi,
I have found an ERC20 token related to a business I think is interesting. The only issue left with me is how can I verify, within their open source code, that the creator of the token can't just create as much token as he wants at some point if the token becomes very valuable. Does anybody know? Thank you!

One thing you should be aware of is that any code that is not fully decentralized can be altered by the dev at any point in time even if it was originally programmed to be capped at a given number. But increasing the total supply seldom happens even with the most shitty project. What is most frequent however is the continuous release of tokens from the total supply into the circulating supply and massive dump from project team members, which is even more deterrent.

True! You have to keep thinking if that token is not totally decentralized. The project team can create some significant changes to the price by increasing the supply of the tokens. We have seen a lot of projects did that in the past. Therefore, you should gain a little bit more information by doing some more research!