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Ethereum’s supply has crossed 100M, here’s what that means


Ethereum has hit a new milestone as earlier today the cryptocurrency’s total supply crossed the 100 million mark: this means there is more than 100 million Ether in circulation. Unlike Bitcoin which has its supply capped at 21 million, Ethereum has opted not to set an upper limit on its total coin supply. This has raised concerns about inflation in the Ethereum community for years on end. Back in 2016, Ethereum co-founder Vitalik Buterin projected the supply won’t cross 100 million in the foreseable future – not until the next century at least. Clearly, something with his calculations went amiss.…

This story continues at The Next Web

from The Next Web https://ift.tt/2t2WZnk

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