Cryptocurrency Q&A
Is there no max supply of ETH?
Is there no max supply of ETH?
CryptoWizardry
Mon Aug 19 2024
|
5 answers
1120
Excuse me, could you please clarify something for me? I've been reading up on Ethereum and its native cryptocurrency, ETH, and I'm a bit confused about the supply. I understand that Bitcoin, for example, has a finite supply that will eventually be reached. But is there no maximum supply limit set for ETH? If so, how does that affect the value and stability of the currency in the long run? I'd appreciate any insights you could provide on this matter.
5 answers
Bianca
Wed Aug 21 2024
Ethereum, a prominent cryptocurrency, operates under a unique supply model. Unlike some of its peers, Ethereum does not impose a cap on its total supply.
Was this helpful?
308
38
Martino
Tue Aug 20 2024
This feature allows miners to continuously create and extract Ethereum, ensuring a perpetual flow of the cryptocurrency into the market. This dynamic process underscores Ethereum's inflationary nature.
Was this helpful?
149
24
CryptoWizard
Tue Aug 20 2024
Inflationary cryptocurrencies, like Ethereum, differ significantly from those with fixed or limited supplies. By continuously expanding their supply, these cryptocurrencies inherently experience a gradual devaluation of their individual units over time.
Was this helpful?
235
79
DigitalDuke
Tue Aug 20 2024
The concept of inflation in the context of Ethereum reflects the ongoing expansion of its monetary base. As miners continue to extract and add new Ethereum tokens to circulation, the overall supply of the cryptocurrency increases, thereby impacting its value.
Was this helpful?
255
87
Eleonora
Tue Aug 20 2024
Among the top cryptocurrency exchanges, BTCC stands out for its comprehensive range of services. Not only does BTCC facilitate spot trading, but it also offers futures trading, providing investors with diverse opportunities to engage with the market.
Was this helpful?
173
68
