Assets, Ethereum

How Many Ethereum Are There?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is a public blockchain-based platform that uses the cryptocurrency ether to fuel its transactions. Ether is mined by computers around the world and then traded on decentralized exchanges.

The total supply of ether is not capped like Bitcoin, so new ether can be created indefinitely. The current supply of ether as of June 2018 is almost 97 million ETH.

NOTE: WARNING: Ethereum has a finite supply, and cannot be created arbitrarily. The current number of Ethereum in circulation is approximately 115 million. This number may increase over time as more Ethereum is mined or released through other mechanisms such as forks or the issuance of new tokens. It is important to research the current supply of Ethereum before making any investment decisions.

The total supply of ETH will eventually be capped at around 120 million ETH, which is equivalent to about 20% of the total supply of Bitcoin.

The main difference between Ethereum and Bitcoin is that Ethereum can do much more than just being a digital currency. It has the potential to change the way we interact with the internet and how we use apps.

Ethereum can be used to build decentralized apps (dapps) on its blockchain. Dapps are censorship-resistant and no one owns or controls them.

There are currently about 18 million ETH in circulation, and the price of ETH has been on the rise in recent months. If Ethereum becomes widely adopted, its price could continue to rise and there could be a lot more ETH in circulation in the future.

2 Related Question Answers Found

How Many Hold Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In Ethereum, all transactions are public and recorded on a blockchain, a shared digital ledger. This gives developers the ability to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.

How Many Ethereum Dapps Are There?

Ethereum dapps are decentralized applications that run on the Ethereum network. They are similar to traditional apps, but they are powered by Ethereum’s smart contracts. There are currently over 2,500 Ethereum dapps in existence.
Previous ArticleNext Article