enzo_marocco33
22 days ago  Karma: 40
Why did Ethereum developers choose not to cap the total supply?

Why did Ethereum developers choose not to cap the total supply?

en
#ethereum
enzo_marocco33
22 days ago  Karma: 40
Why did Ethereum developers choose not to cap the total supply?

Why did Ethereum developers choose not to cap the total supply?

en
#ethereum

3 ANSWERS
xuan.zhenya
22 days ago Karma: 160

As far as I know, the issuance model is not yet fixed and the members of the Ethereum foundation are still discussing it. One of the merits Ethereum's model has is that it avoids the concentration of wealth in the hands of the early adopters. To put it in other words, everybody has a fair chance.

As far as I know, the issuance model is not yet fixed and the members of the Ethereum foundation are still discussing it. One of the merits Ethereum's model has is that it avoids the concentration of wealth in the hands of the early adopters. To put it in other words, everybody has a fair chance.

noe_sochun
22 days ago Karma: 75

Once Ethereum will switch to PoS, the issuance will be reduced to somewhere between zero and 0.05X per year. Check out the whitepaper: https://github.com/ethereum/wiki/wiki/White-Paper.

Once Ethereum will switch to PoS, the issuance will be reduced to somewhere between zero and 0.05X per year. Check out the whitepaper: https://github.com/ethereum/wiki/wiki/White-Paper.

ociqzkzg
22 days ago Karma: 416

There is a difference between Bitcoin and Ether. Bitcoin is used as a cryptocurrency, but Ether is also used as gas. If the gas becomes too expensive, it will become unfeasible to run smart contracts. This is why an uncapped total supply works best for Ethereum.

There is a difference between Bitcoin and Ether. Bitcoin is used as a cryptocurrency, but Ether is also used as gas. If the gas becomes too expensive, it will become unfeasible to run smart contracts. This is why an uncapped total supply works best for Ethereum.

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