Post
Topic
Board Altcoin Discussion
Re: So Ethereum has an UNLIMITED SUPPLY!? (vs. BTC 21 million hard cap)
by
Ultimate Will
on 02/09/2024, 02:58:02 UTC
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 enforced

You 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 Premined

I would give you merit, if I could! Wow, So they have a huge amount of both ETH and ETH Classic? How/why would they get a "free pass" from the SEC? The article was amazing, and it leaves me with unanswered questions. Looking to learn more.