_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote down vote favorite 7 In Bitcoin, the total supply is capped at 21 million BTC.Is the total supply of Ether capped?How much will be mined before the Proof of Stake (POS) transition, and how will POS affect the issuance model?mining ether proof-of-stake proof-of-work up vote down vote From reddit post 60 million + 12 million + 18million = ~90million 60 million - is the Pre-sale.12 million - is the dev fund, 0.2coins per 1 coin sold in the crowdsale.~18 million - 1 million coins mined per month for 18 months prior to going from POW to POS.Update: 91,018,773.78 ether in circulation (April 25, 2017) Some discussions /discussion/46/total-supply-of-eth https://etherscan.io/stat/supply inflation After a while, 15,626,576 ether won't represent much of the total ether available, making the system dis-inflationary (i.e., inflation perpetually trending towards 0 but never reaching it).

up vote down vote The issuance model is not fixed yet.It is an ongoing discussion whether or not the costs for the consensus needs to be financed by inflation that basically taxes every coin holder or if transaction fees are sufficient.Please note that the costs for secure consensus are much lower with Casper compared to current proof of work.More details here For this reason it is guaranteed, that the current issuance amount will not be increased and might even drop to 0.Another ongoing discussion is whether or not issues of new coins should be used to fund ongoing development.A prerequisites for this would be a DAO with a widely accepted mechanism to control spending of funds effectively.But also in this case the newly issued coins would not increase.up vote down vote From StephanTaul on the Ethereum Forums on September, 2014: There is no maximum.60,102,216 ethers were created during the sale, plus 2x pools of 9.9% each.26% of 60,102,216 will be created through mining every year.

This means that 15,626,576 will be created every year on top of the 60m and the two pools.After a while, 15,626,576 ether won't represent much of the total ether available, making the system dis-inflationary (i.e., inflation perpetually trending towards 0 but never reaching it).up vote 6 down vote After the implementation of Casper, I believe the rate is expected to be fixed and miners will earn from both mining fees and fees offered up in other on-chain tokens or currencies/assets.However, as Casper is currently in development, everything can and will likely drastically change from here and actual implementation within one year.up vote 6 down vote Other answers have covered the topic well and 2 things to clarify: The current issuance rate is known: 5 ETH every ~15 seconds (Bitcoin is currently 25 BTC every ~10mins).With any changes to Ethereum, such as the transition to PoS, the issuance rate is guaranteed to not increase.But it may decrease, possibly to zero or something much less than 5 ETH, when the transition to PoS happens.

protected by eth Thank you for your interest in this question.bitcoin to sterling converterBecause it has attracted low-quality or spam answers that had to be removed, posting an answer now requires 10 reputation on this site (the association bonus does not count).litecoin communityWould you like to answer one of these unanswered questions instead?ethereum mining poolNot the answer you're looking for?city of bitcoin faucetBrowse other questions tagged mining ether proof-of-stake proof-of-work or ask your own question.bitcoin valor 2009In a sweeping, 2,500-word blog post today, Fred Ehrsam, the co-founder of one of the best funded blockchain startups, Coinbase, took aim at what he called a "stagnant" bitcoin community that he characterized as being outperformed by innovators working on the Ethereum network.ethereum total number of coins

Coinciding with the rebranding of the Coinbase exchange and the launch of trading for Ethereum's blockchain token, ether, the public comments are the latest sign that Coinbase leadership remains dissatisfied with what they perceive as a lack of progress among bitcoin’s developers and with the technology as a whole.will bitcoin boom againIn the post, Ehrsam sought to position Ethereum as a possible competitor to bitcoin, indicating his belief that the competing protocol could "blow past bitcoin entirely".bitcoin lovers united"There is nothing that bitcoin can do which Ethereum can’t.ethereal vendor wowWhile Ethereum is less battle tested, it is moving faster, has better leadership and has more developer mindshare.First mover advantage is challenging to overcome, but at current pace, it’s conceivable."

The statements follow months of tensions between the once fast-growing startup and the bitcoin community, which found CEO Brian Armstrong often calling vocally for bitcoin developers to increase a limit on the amount of data that could be included in blocks on the bitcoin blockchain.Armstrong sought to position this inaction as a limiter of growth on the network as a whole, a position that showcased the divisions between bitcoin developers and its business community that saw this as a roadblock to new customer onboarding.Still, Ehrsam sought to position Ethereum as moving the development of "digital currency" and its technology forward, emphasizing that Coinbase intends to support both protocols, and that it sees them growing together to become “low-level protocols” in what could be a new Internet for value exchange."Competition and new ideas create better outcomes for everyone.Even if Ethereum goes up in flames our collective knowledge in digital currency will have leveled up significantly," Ehrsam said.

The comments drew some notable commentary that characterized Coinbase’s statements as perhaps being the result of issues it faces as a venture-backed startup, with a former business development executive at the company tweeting: “Important to remember: bitcoin has infinite patience and no burn rate.Take individual perspectives with a big grain of salt.” Though Ehrsam lauded the success of the bitcoin network, his blog post was sharply critical of the developer community and business ecosystem that has thus far developed around it.In particular, he questioned why only "infrastructure apps" have been built on the bitcoin blockchain, drawing attention to the idea that seven years into its development, the digital currency had produced no "killer apps".Ehrsam sought to position this as the result of bitcoin’s limited scripting language, though he acknowledged that this was intended by its design."My theory has been that the scripting language in bitcoin — the piece of every bitcoin transaction that lets you run a little software program along with it — is too restrictive," he wrote.

Likewise, he framed Ethereum as more friendly to those who want to develop blockchain-based applications, calling the level of app development in the community "already faster than bitcoin’s".Coinbase developers, he said, have been able to use the platform to build simple apps in just a few days, a data point he contrasted to the difficulty of performing a similar feat on the bitcoin network."I cannot overemphasize enough how important this combination of full programming functionality and ease of use is," he continued.Ehrsam further framed Ethereum as empowering a new generation of developers, in part, due to what he termed a "healthy" core development team that he sees as encouraging collaboration.In particular, praise was given to Ethereum inventor Vitalik Buterin, who Ehrsam lauded as seeming comfortable as a community and technical leader.Ehrsam went on to contrast this with the bitcoin developer community who he sought to characterize as both divisive and a contributor to the loss of interest in the platform.

“Beyond a leadership vacuum, bitcoin’s ‘leadership’ is less clear and toxic,” he said.“The content on the bitcoin discussion boards feels like squabbling while Ethereum’s is talking about relevant issues and new ideas.” Ultimately, Ehrsam’s most pronounced criticism was that the Ethereum perhaps has momentum on its side, as he said the network is making "faster and more consistent" technical progress than bitcoin.In the end, however, Ehrsam sought to portray the technologies as moving toward the same set of goals, at once welcoming Ethereum into his definition of “digital currency” while stating he has “no allegiance” to any particular network."Taking a step back, it feels like the rate of change in digital currency is accelerating."The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.Have breaking news or a story tip to send to our journalists?