I want to understand how Ethereum's supply mechanism functions, including how new Ether coins are generated and introduced into the market, and whether there are any limits or controls on the supply.
7 answers
Giulia
Fri Jan 17 2025
Ethereum utilizes a digital currency known as ether.
DaeguDivaDance
Thu Jan 16 2025
Concurrently, existing ether in circulation undergoes a process called "burning."
PulseRider
Thu Jan 16 2025
Ether burning occurs with every transaction conducted on the Ethereum network.
mia_harrison_painter
Thu Jan 16 2025
The supply of ether is not capped and is therefore unlimited.
SakuraWhisper
Thu Jan 16 2025
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services.