When it comes to cryptocurrency, there is a lot of talk about Ethereum. Some people believe that there are unlimited Ethereum, while others believe that the supply is finite. So, what is the truth? Are there unlimited Ethereum or not?
The answer to this question is not as straightforward as you might think. The reason for this is because Ethereum has two different types of tokens – Ether andERC20 tokens.
Ether is the native cryptocurrency of the Ethereum network and it has a finite supply of 100 million coins. ERC20 tokens, on the other hand, are created by developers on the Ethereum network and they can have an infinite supply.
So, when people say that there are unlimited Ethereum, they are usually referring to the ERC20 tokens. These tokens can be created in unlimited quantities and they are not subject to the same rules as Ether.
As a result, there is no limit to how many ERC20 tokens can be created on the Ethereum network.
However, just because there is no limit to the number of ERC20 tokens that can be created does not mean that all of them will be successful. In fact, most ERC20 tokens will likely fail and never gain any traction with users.
Only a small minority of these tokens will actually be used by people on a regular basis.
So, while it is true that there are unlimited Ethereum in terms of ERC20 tokens, the vast majority of these tokens will never be used or worth anything. The number of successful ERC20 tokens will likely be very small compared to the total number of tokens that exist.