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Author Topic: How many Max supply of Ethereum there will ever will be?  (Read 275 times)
very_452001 (OP)
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September 09, 2020, 03:33:19 PM
 #1

Currently Eth is POW and its changing to Eth 2.0 POS.

Whats the max supply of Eth 2.0 there ever will be?

If theres no max supply then Eth is just like fiat money right where many tokens can be created or will Eth will say unlimited supply but not inflationary but in slow gradual inflation?
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September 09, 2020, 04:09:34 PM
 #2

Eth 2.0 will announce the final supply also the model will be adjusted to be deflationary as the project will use a percentage of revenues to buy back and burn eth from market so eth 2.0 will be seriously a game changer for eth in this aspect too.

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September 09, 2020, 04:25:55 PM
 #3

Supply is very important factor and that is why eth is still valued less than what it should be right now. Current model is unfortunately inflationary with no supply limits I hope it will be changed to finite supply soon.

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September 09, 2020, 04:32:21 PM
 #4

Eth 2.0 will announce the final supply also the model will be adjusted to be deflationary as the project will use a percentage of revenues to buy back and burn eth from market so eth 2.0 will be seriously a game changer for eth in this aspect too.

Where is that information about this finla supply?

Thats good to know if its true then finally they are trying to make ETH to have limited supply. Its sure going to rise up because this is a utility token and when scarcity strikes the more it comes valuable.  ETH2.0 however is just getting delayed for months. I suspect there really isn;t a bulrun will happen if the ETH2.0 will yet not be released.

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September 09, 2020, 05:14:16 PM
 #5

Ethereum supply is not cap and I believe it is because of the change to POS, with POS their must be an annual inflation and this figure has not yet been finalised. It is not an issue provided the demand for Ethereum continue to be on the rise


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September 09, 2020, 10:21:33 PM
Last edit: October 24, 2021, 06:19:44 AM by mprep
 #6

Eth 2.0 will announce the final supply also the model will be adjusted to be deflationary as the project will use a percentage of revenues to buy back and burn eth from market so eth 2.0 will be seriously a game changer for eth in this aspect too.

When do you think they will announce the final limited cap supply before they upgrade to Eth 2.0?

How can they burn tokens if they are capped in Eth 2.0? Wont that be wasting Ether similarly like the BTC network is burning BTC coins making it even more rare than 21 million and if the burning continues they wont be any BTC left unless its a unlimited supply like fiat.

Confusing please explain.



Supply is very important factor and that is why eth is still valued less than what it should be right now. Current model is unfortunately inflationary with no supply limits I hope it will be changed to finite supply soon.

If theres no cap to Eth supply in Eth 1.0 then Eth price now is way overvalued right? Theres even a cap to Ripple XRP in the billions or trillion however unlimited supply is more worse than this.

[moderator's note: consecutive posts merged]
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September 09, 2020, 10:28:13 PM
 #7

Eth 2.0 will announce the final supply also the model will be adjusted to be deflationary as the project will use a percentage of revenues to buy back and burn eth from market so eth 2.0 will be seriously a game changer for eth in this aspect too.

would you like to give me the source from your words above my friend
seems very interesting to know about that,

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September 09, 2020, 10:31:15 PM
 #8

Ethereum supply is not cap and I believe it is because of the change to POS, with POS their must be an annual inflation and this figure has not yet been finalised. It is not an issue provided the demand for Ethereum continue to be on the rise

When do you think it will be finalised?

Sure Ethereum is ranked 2 as it has utility and thousands of altcoins depend on it for smart contracts which gives it value however if theres a infinite unlimited supply of Eth then how is it really valued when theres infinite of them available?

Why do miners do Proof of Work for something that has a unlimited supply  Huh
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September 10, 2020, 02:03:33 AM
 #9

It's better if you read ethereum 2.0 AMA and all of the questions about the supply cap has already mentioned too.
https://docs.ethhub.io/other/ethereum-2.0-ama/

That's true of the supply will not determined but as a subtitution and there will be a burn mechanism that will be using by ethereum.

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September 10, 2020, 02:09:21 PM
 #10

It's better if you read ethereum 2.0 AMA and all of the questions about the supply cap has already mentioned too.
https://docs.ethhub.io/other/ethereum-2.0-ama/

That's true of the supply will not determined but as a subtitution and there will be a burn mechanism that will be using by ethereum.

Thats like a 100 page document that will take me all day to read.

If the supply cap has already been mentioned like you stated then please kindly remind us what that cap is?

Then you go on to say that supply will not be determined Huh but instead there will be a burn mechanism.

So basically ethereum is like a fire that will forever burn in a forest with infinite of trees/wood to throw at the fire?
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September 10, 2020, 02:31:12 PM
 #11

If theres no max supply then Eth is just like fiat money right where many tokens can be created or will Eth will say unlimited supply but not inflationary but in slow gradual inflation?
Your question remembers me the two topics below.

I read many times, no conclusions about (Ethereum maximum supply).
I don't want to go deeper into your question, but a few hints below, maybe, can solve your doubts.

Recently, I did realise that Ethereum does not have a maximum supply like other notable coins such as bitcoin.

     

Apparently, even Ethereum Cofounder Vitalik Buterin thought that Ether total supply wouldn't go past 100M at-least for a decade, but due to the popularity of the network, the 100M mark has already been surpassed. So last year on 1st April, he  proposed the cap of total ether at 120M , Not sure whether it was because Ether price had started tanking due to the bull ran hangover or it was an April fools day prank  Grin Grin

But anyways the proposal hasn't been implemented yet and to me, without a maximum supply, I see a risk of Ether's value not growing as expected or even deflation of its value as more coins come into circulation.

My question is, would Ether's price be much higher than it is today if it had a maximum supply cap from the very beginning like Bitcoin?

Topic: https://bitcointalk.org/index.php?topic=5114738

Topic: Topic: Ethereum - Total supply, POS and future price?

R


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September 10, 2020, 04:15:49 PM
 #12

Ethereum supply is not cap and I believe it is because of the change to POS, with POS their must be an annual inflation and this figure has not yet been finalised. It is not an issue provided the demand for Ethereum continue to be on the rise

When do you think it will be finalised?

Sure Ethereum is ranked 2 as it has utility and thousands of altcoins tokens depend on it for smart contracts which gives it value however if theres a infinite unlimited supply of Eth then how is it really valued when theres infinite of them available?

Why do miners do Proof of Work for something that has a unlimited supply  Huh

Fixed it for you.

Tokens : https://coinmarketcap.com/tokens/
Altcoins : https://coinmarketcap.com/coins/

With regards to infinite unlimited supply of Ethereum : this is well known, surely you did your homework before investing in Ethereum ?

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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September 11, 2020, 02:52:57 AM
 #13

It's better if you read ethereum 2.0 AMA and all of the questions about the supply cap has already mentioned too.
https://docs.ethhub.io/other/ethereum-2.0-ama/

That's true of the supply will not determined but as a subtitution and there will be a burn mechanism that will be using by ethereum.

Thats like a 100 page document that will take me all day to read.

If the supply cap has already been mentioned like you stated then please kindly remind us what that cap is?

Then you go on to say that supply will not be determined Huh but instead there will be a burn mechanism.

So basically ethereum is like a fire that will forever burn in a forest with infinite of trees/wood to throw at the fire?

I will try to make it more simple

Here's an important point about the supply

Quote
Q: How is the status of a possibly fixed eth supply at some point in the future? Do you think it's likely?

A: I don't know about fixed ETH supply, but we may get to a point of decreasing ETH supply. Indeed, we are looking into transaction fee schemes that burn ETH, and burnt ETH may outweigh minted ETH. [Justin Drake]

You can also try to see the interview about the supply cap of ethereum with vitalik here

https://coinmarketcap.com/headlines/news/ethereum-supply-vitalik-buterin/

Even vitaliks says that if that's still a rough estimation and it's not yet fixed

JD as a part of ethereum foundation didn't even know about how exactly the rough number of supply cap for ethereum which mean only god vitalik that knows it.

some parties were also predicting the max supply of ethereum will be around 112,000,0000. but we have already passed this today

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

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September 11, 2020, 10:47:37 PM
Last edit: October 24, 2021, 06:20:02 AM by mprep
 #14

If theres no max supply then Eth is just like fiat money right where many tokens can be created or will Eth will say unlimited supply but not inflationary but in slow gradual inflation?
Your question remembers me the two topics below.

I read many times, no conclusions about (Ethereum maximum supply).
I don't want to go deeper into your question, but a few hints below, maybe, can solve your doubts.

Recently, I did realise that Ethereum does not have a maximum supply like other notable coins such as bitcoin.

     

Apparently, even Ethereum Cofounder Vitalik Buterin thought that Ether total supply wouldn't go past 100M at-least for a decade, but due to the popularity of the network, the 100M mark has already been surpassed. So last year on 1st April, he  proposed the cap of total ether at 120M , Not sure whether it was because Ether price had started tanking due to the bull ran hangover or it was an April fools day prank  Grin Grin

But anyways the proposal hasn't been implemented yet and to me, without a maximum supply, I see a risk of Ether's value not growing as expected or even deflation of its value as more coins come into circulation.

My question is, would Ether's price be much higher than it is today if it had a maximum supply cap from the very beginning like Bitcoin?

Topic: https://bitcointalk.org/index.php?topic=5114738

Topic: Topic: Ethereum - Total supply, POS and future price?

So theres more than 100 milion Ether in circulation now and that 120 million cap proposal was just a april fools joke?



It's better if you read ethereum 2.0 AMA and all of the questions about the supply cap has already mentioned too.
https://docs.ethhub.io/other/ethereum-2.0-ama/

That's true of the supply will not determined but as a subtitution and there will be a burn mechanism that will be using by ethereum.

Thats like a 100 page document that will take me all day to read.

If the supply cap has already been mentioned like you stated then please kindly remind us what that cap is?

Then you go on to say that supply will not be determined Huh but instead there will be a burn mechanism.

So basically ethereum is like a fire that will forever burn in a forest with infinite of trees/wood to throw at the fire?

I will try to make it more simple

Here's an important point about the supply

Quote
Q: How is the status of a possibly fixed eth supply at some point in the future? Do you think it's likely?

A: I don't know about fixed ETH supply, but we may get to a point of decreasing ETH supply. Indeed, we are looking into transaction fee schemes that burn ETH, and burnt ETH may outweigh minted ETH. [Justin Drake]

You can also try to see the interview about the supply cap of ethereum with vitalik here

https://coinmarketcap.com/headlines/news/ethereum-supply-vitalik-buterin/

Even vitaliks says that if that's still a rough estimation and it's not yet fixed

JD as a part of ethereum foundation didn't even know about how exactly the rough number of supply cap for ethereum which mean only god vitalik that knows it.

some parties were also predicting the max supply of ethereum will be around 112,000,0000. but we have already passed this today

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


Do you mean One Billion & One Hundred Twenty Million?

I just like to know whether there will be a cap for Eth 2.0?

[moderator's note: consecutive posts merged]
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September 11, 2020, 11:59:49 PM
Last edit: September 12, 2020, 12:10:05 AM by flagpara
 #15

Vitalik Buterin doesn't want to fix the Ethereum supply. I think it's like compared to gold. We unlimited supply can't be worthless to invest. From thousands of years ago to now, we still don't know the supply of gold but are still valuable. We are waiting for something. When we get it, we think that was valueless work.

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September 12, 2020, 01:11:52 AM
 #16

Currently Eth is POW and its changing to Eth 2.0 POS.

Whats the max supply of Eth 2.0 there ever will be?

If theres no max supply then Eth is just like fiat money right where many tokens can be created or will Eth will say unlimited supply but not inflationary but in slow gradual inflation?

According to some info, the increment in coins would be about 10% a year which would be perfectly fine for a utility token. With increase in adoption and coins being lost with time, it is a more practical solution than limiting the supply. Though don't imagine Ethereum going x10 in price and giving a good investment profit as it's a utility token and it needs to keep it's transaction cheap and quick.


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September 12, 2020, 10:33:00 AM
 #17

Vitalik Buterin doesn't want to fix the Ethereum supply. I think it's like compared to gold. We unlimited supply can't be worthless to invest. From thousands of years ago to now, we still don't know the supply of gold but are still valuable. We are waiting for something. When we get it, we think that was valueless work.
Ethereum and Gold are not comparable, so stop it. As far as toal max supply, I would agree that there are no consensus, and I don't think that Eth2.0 are going to remedy this situation as this is not their priority. I know that it confuses most of us as there are no agreement as to what would Ethereum max supply be, and up to know it is debatable. I don't know if this is a big issues though, as the rough estimates are close to each other. And I think what's important is how Ethereum is going to scale and I do hope that Eth2.0 will have the answer for that.

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September 12, 2020, 10:54:07 AM
 #18

Thats like a 100 page document that will take me all day to read.

Press CTRL + F and find the key words you need. By looking up "supply", here's some Q&A I found:
Quote
Q: How is the status of a possibly fixed eth supply at some point in the future? Do you think it's likely?

A: I don't know about fixed ETH supply, but we may get to a point of decreasing ETH supply. Indeed, we are looking into transaction fee schemes that burn ETH, and burnt ETH may outweigh minted ETH. [Justin Drake]
Quote
**Q: Do you have any final plans in mind about the current ETH inflation?

A: Nothing final. Ultimately the community will have to make a tradeoff between low inflation and high security. See https://github.com/ethereum/eth2.0-specs/issues/251. [Justin Drake]
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September 12, 2020, 10:59:58 AM
 #19

It doesn't matter if they put a cap on the supply with Eth 2.0. Eth already lost immutability. That means later on they can remove the supply cap when they feel like.

At this point, whether it has a limited supply or not... who cares really?

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September 12, 2020, 11:05:51 AM
 #20

Currently Eth is POW and its changing to Eth 2.0 POS.

Whats the max supply of Eth 2.0 there ever will be?

If theres no max supply then Eth is just like fiat money right where many tokens can be created or will Eth will say unlimited supply but not inflationary but in slow gradual inflation?
Actually eth has no definite supply. Yeah it works like that. But we cant seem to judge eth because it has infinite supply. Now they are planning to have a fixed supply when migrated to PoS mechanism. Anyway we can see the max supply or circulating on coinmarketcap. We can considered the max supply as the circulation for now.

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