Ethereum's supply cannot be verified

[bbc.reporter]

It appears that there is another issue with Ethereum again hehe. I was shaking my head and laughing on Eth 2.0's constant delays, however, this might be the best course for their developers, who always does something wrong, and their loyal investors.

Meanwhile, “Leon” ran the script and came up with several different supply figures when he (claimed on Twitter) to have ran the script:

This is incredible. Popular block explorers and coinmarketcap all show a different ETH supply

Maybe fix this before launching Ethereum 2.0 frens https://t.co/Nf8sq2PO9W

I didn't believe so I just tested

blockchair.com/ethereum 112086620

https://twitter.com/marcandu/status/1291840343047118854 112429827

etherscan.io/stat/supply 112086460

https://ethplorer.io/address/0x0000000000000000000000000000000000000000 112086233

eth.tokenview.com/en/ 109372852

https://coinmarketcap.com/currencies/ethereum/ 112086403

https://etherchain.org/charts/totalEtherSupply 111,743,459

Read in full https://cryptoslate.com/how-many-ethereum-in-circulation-asks-the-bitcoin-community/

[Bossfidelity]

I guess ethereum supply is not fixed, in fact I've always known that ethereum had an indefinite Total supply, I believe that explains why there are divergent figures when trying to get the total supply. I really don't know why the developers made it this way, but I ones read that it would be corrected in the ethereum 2.0 project.

[masterrex]

I think this is an old issue, Its already been a hot topic before but still, it was not clear until today. by the way, I believe Ethereum total supply will be determined after the launch of Eth 2.0 because if it did not fix it might be used against them to create another serious accusation which is not good for Ethereum.   

[zasad@]

The same issue has been discussed with the price of the coin, because different sites show different data. Each developer has its own settlement mechanism, and these differences did not lead to losses.
After the launch of Phase 2, Ethereum mining will stop and the number of mined coins will be greatly reduced.
ETH 2.0 plans to burn most of the commissions, since the number of coins will stop growing strongly on the new algorithm.

[Pffrt]

I have less knowledge on the technical aspect of ETH. Aas far as I know, it's supply is not fixed and infinite. I think I was wrong. Anyway, with the new ETH 2 version, they are going to make ETH limited in supply. So, if the above is a big, I guess they will have fixed it in the new version.

[bitsurfer2014]

I believe Coinmarketcap's data on circulating supply is updated every few minutes and not in real time. Ethplorer seems fine to me but I prefer to use Etherscan and I find its total supply data on ETH more reliable and more informative than any other explorers.

https://etherscan.io/stat/supply

[Zeehaxan]

It appears that there is another issue with Ethereum again hehe. I was shaking my head and laughing on Eth 2.0's constant delays, however, this might be the best course for their developers, who always does something wrong, and their loyal investors.

Meanwhile, “Leon” ran the script and came up with several different supply figures when he (claimed on Twitter) to have ran the script:

This is incredible. Popular block explorers and coinmarketcap all show a different ETH supply

Maybe fix this before launching Ethereum 2.0 frens https://t.co/Nf8sq2PO9W

I didn't believe so I just tested

blockchair.com/ethereum 112086620

https://twitter.com/marcandu/status/1291840343047118854 112429827

etherscan.io/stat/supply 112086460

https://ethplorer.io/address/0x0000000000000000000000000000000000000000 112086233

eth.tokenview.com/en/ 109372852

https://coinmarketcap.com/currencies/ethereum/ 112086403

https://etherchain.org/charts/totalEtherSupply 111,743,459

Read in full https://cryptoslate.com/how-many-ethereum-in-circulation-asks-the-bitcoin-community/

As far as i know ethereum has a flexible supply but this issue will also be taken care of in shape of eth 2.0 and the network will be converted into a truly deflationary model with fix supply and that too will be reduced due to constant burning with network' revenues.

[Jaspion]

I guess ethereum supply is not fixed, in fact I've always known that ethereum had an indefinite Total supply, I believe that explains why there are divergent figures when trying to get the total supply. I really don't know why the developers made it this way, but I ones read that it would be corrected in the ethereum 2.0 project.

I hope you're right, but I never heard of anything like this.
I'm pretty sure tho that if ethereum 2.0 won't cut total supply of eth its going to kill it in long term

[kapalmabur]

currently on coinmarketcap, the total supply of Ethereum is only a few different, on coinmarketcap 112,123,103 and on etherscan 112,123,177.59,
of course my benchmark is still at Etherscan, the total supply of Ethereum cannot be verified due to inflation,
my question, what is shown in etherscan about the "total supply" is the circulating supply? If there is a total supply, why doesn't Coinmarketcap show it?

[Tipstar]

currently on coinmarketcap, the total supply of Ethereum is only a few different, on coinmarketcap 112,123,103 and on etherscan 112,123,177.59,
of course my benchmark is still at Etherscan, the total supply of Ethereum cannot be verified due to inflation,
my question, what is shown in etherscan about the "total supply" is the circulating supply? If there is a total supply, why doesn't Coinmarketcap show it?

As the supply is ever increasing, they need to map every new blocks to find the new supply of the coin. And I think every of the tracker would not track for the coins everytime but do so on scheduled time to limit resources. The difference in supply might be due to the difference in their last update time. With ETH 2.0, things might get more predictable.

[bttmember]

Ethereum supply was growing continuously according to the needs of the project team, i am talking about ethereum 1.0, which is understandable because due to massive development work going on ethereum network seems to be sourcing funds directly by selling some coins in the market although this could not be the ideal thing to do as far as supporters or investors are concerned but there are not many options. But the good thing is that this is going to be changing with eth 2.0 we will know exact supply and numbers in the market in a precise and transparent way.

[DoubleEdgeEX]

It´s just important for some BTC maximalists like Hodlnaut who is obviously not smart enough to understand the different use cases of BTC and Ethereum. At this point, it´s absolutely unimportant how many ETH coins are out there, it´s about the use and adoption that we should care. The fact that some BTC freeks joining the choir of bashing Vitalik for not coming up with clear numbers are just an annoyance and should be ignored. We are in this togetherr, crypto is no place for tribalism.

[xZork]

I have less knowledge on the technical aspect of ETH. Aas far as I know, it's supply is not fixed and infinite. I think I was wrong. Anyway, with the new ETH 2 version, they are going to make ETH limited in supply. So, if the above is a big, I guess they will have fixed it in the new version.

The problem is that until now no one can be sure when version 2.0 of Ethereum can be released. So at the present time people still have to accept the fact that Ethereum's supply is unknown.
If the development team does not quickly answer the question about Ethereum's source, there will certainly be many investors losing patience with this project.

[@baoli]

This has always being in constant debate on the supply of ethereum and I also think this supply affects the price on it each time. Let's see what the developers will do over time.

[SistaFista]

I believe the most accurate way to check the current supply of the coin is by using desktop wallet directly.
Open the console and write a command there, in Bitcoin the command i think 'gettxoutsetinfo'
It will shows something like this :
{
  "height": 643150,
  ...
  "total_amount": 18457180
}

[amrulshare]

I think this is an old issue, Its already been a hot topic before but still, it was not clear until today. by the way, I believe Ethereum total supply will be determined after the launch of Eth 2.0 because if it did not fix it might be used against them to create another serious accusation which is not good for Ethereum.    

in any case the total Ethereum supply at ETH 2.0 will remain indefinite. because the developer didn't discuss it just upgrade of the core Ethereum protocol and change the consensus pow to pos. You can see it here https://ethereum.org/en/learn/#eth-2-0. Furthermore, the popularity of decentralized finance or defi in the current crypto space will increase the interest of people to join staking participation in Eth 2.0 in the future.

[DougM]

It was like they were reading our minds (or posts  )
For what it is worth:
https://decrypt.co/38271/so-what-is-the-ethereum-eth-total-supply
So, what is the Ethereum (ETH) total supply?
This thorny question has generated a shedload of debate on crypto Twitter for the past five days. And it’s not going away.
By Adriana Hamacher  Aug 11, 2020

In response to a challenge put down by Bitcoin educator Pierre Rochard, several Ethereum devs did just that over the weekend. A coded “script” by systems engineer and blockchain enthusiast Marc-André Dumas won the proffered bounty.....The tricky aspect of calculating Ethereum’s supply is that, unlike Bitcoin, not only do the block rewards need to be added up (although for ETH, there are two types: genesis and mining rewards) but there are also so-called “uncle rewards” to take into account.
Uncle rewards are given for blocks that nearly get into the blockchain but don't quite make it, and exist primarily in order to improve decentralization. They can also have children: “nephews.”
Uncles are issued with a delay of up to six blocks and can form up to 87% of the block reward—making them crucial to account for but tricky to calculate. 

[bigcash2011]

It appears that there is another issue with Ethereum again hehe. I was shaking my head and laughing on Eth 2.0's constant delays, however, this might be the best course for their developers, who always does something wrong, and their loyal investors.

Meanwhile, “Leon” ran the script and came up with several different supply figures when he (claimed on Twitter) to have ran the script:

This is incredible. Popular block explorers and coinmarketcap all show a different ETH supply

Maybe fix this before launching Ethereum 2.0 frens https://t.co/Nf8sq2PO9W

I didn't believe so I just tested

blockchair.com/ethereum 112086620

https://twitter.com/marcandu/status/1291840343047118854 112429827

etherscan.io/stat/supply 112086460

https://ethplorer.io/address/0x0000000000000000000000000000000000000000 112086233

eth.tokenview.com/en/ 109372852

https://coinmarketcap.com/currencies/ethereum/ 112086403

https://etherchain.org/charts/totalEtherSupply 111,743,459

Read in full https://cryptoslate.com/how-many-ethereum-in-circulation-asks-the-bitcoin-community/

Alongwith the upgrades and improvements coming in the form of ethereum 2.0 that aims to solve not only scalability issues but also the algorithim of ethereum network will be changes to proof of stake from proof of work. As part of these upgrades ethereum developers are also looking to come up with a well defined supply and they plan to become a completely deflationary coin but in which phase of eth 2.0 roll out this will be coming is yet to be determined.

[cryptomaniac_xxx]

How big is the difference? if it is just a small number and negligible then I think its not significant. Are users affected by it negatively? Perhaps there are some discrepancies on the nodes because obviously, they counting differently. Even Vitalik himself doesn't know the real number of supply, lol.

[DougM]

How big is the difference? if it is just a small number and negligible then I think its not significant. Are users affected by it negatively? Perhaps there are some discrepancies on the nodes because obviously, they counting differently. Even Vitalik himself doesn't know the real number of supply, lol.

that is sad if exact count is not easy and readily available. Hopefully ETH 2.0 will address the incestory problem related to the uncles