The Block Reward is the amount of new Ethereum that is created with each block. The current block reward is 2 ETH. This block reward will halve every million blocks, until the block reward reaches 0.5 ETH.
The Ethereum network is currently producing around 20,000 blocks per day, so the current block reward of 2 ETH is creating around 40,000 ETH per day. The current supply of Ethereum is around 105 million ETH, so the current block reward is adding about 0.4% to the total supply of Ethereum each day.
NOTE: WARNING: Do not use any information about the current block reward for Ethereum as investment advice. The current block reward for Ethereum is subject to change at any time and can be highly volatile. Investing in cryptocurrencies is a high risk activity and you should always consult a financial advisor before making any decisions.
The block reward will eventually decrease to zero, but the total supply of Ethereum will continue to increase as users transaction fees are used to create new ETH. Once the block reward reaches zero, transaction fees will be the only way new ETH can be created.
The total supply of Ethereum will eventually reach a maximum of around 120 million ETH.
The current block reward of 2 ETH is creating a lot of new Ethereum, which is good for investors and users as it increases the available supply and drives down prices. However, it is worth noting that the block reward will halve over time, so eventually the rate at which new ETH is created will slow down.
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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, you can write code that controls money, and build applications accessible anywhere in the world. Ethereum is a distributed public blockchain network.
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 one of the most popular cryptocurrencies, behind only Bitcoin in terms of market capitalization. And like Bitcoin, Ethereum can be bought and sold on a variety of cryptocurrency exchanges.
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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 how the Internet was supposed to work. It is a censorship-resistant platform where developers can build next-generation applications without having to worry about fraud or third-party interference.
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 order to run these applications, people need to use Ether, the native cryptocurrency of Ethereum. Ether is used to pay for gas, which is a unit of measure used to define the amount of computational effort that it takes to execute a specific operation or contract on the Ethereum network.
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 used as a platform to launch other cryptocurrencies. In this way, it acts as a launchpad for innovative new ideas and projects.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers 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.
As of July 2020, 1 Ethereum is worth about $230. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property.
