I was curious about ethereum's supply compared to bitcoin's famous 21 million Max. supply.
Everyone knows about bitcoin 21 million max supply because people always talk about it but I never hear anything about the supply of ethereum.
How is the 21 million bitcoin cap defined and enforcedYou can read about Ethereum supply with
https://ultrasound.money/With Ethereum Proof of Workd, it's 4.05% supply growth per year. Now it is 0.736% per year after Dencun upgrade months ago.
Last 24 hours, there are 1,117.72 burned ETH while 18,088.19 issued ETH, it means there are 16,970.48 ETH in new supply last 24 hours.
Ethereum can not compare to Bitcoin because it was massively premined by Vitalik Buterin.
Another Ethereum Insider Drops Bombshell: 70% Of All ETH Was PreminedYeah there is no secret there and in the early early years any premise was ostracized from the market and defined as a dev scam before it even started. Not so much anymore that's why so many coins and projects exist that are completely worthless or useless but still thrive. Greed has overrun rational thought. Eth was and is no different.