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#TRENDING STORIES
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Why Spending Bitcoin is a Good Idea (Especially if You Think They’ll Become Worth More in the Future)
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Is the Tide TURNING for Bitcoin? Author of Amazon Best-Selling Blockchain Book Reveals New Intel that BTC Is Poised to “Moon” Again
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Stellar Network’s Crowdsourced Development Exceeds Expectations
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Pornhub Prefers Verge Over Litecoin but Signals Wider Acceptance of Crypto
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Blockchain Startup Backed By Billionaire Bitcoin Bull Peter Thiel Gets $28 Million Investment
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Tag: Ether supply
Ethereum Founder Proposes Hard Cap on ETH Supply
Category: Commentary, Ethereum, Finance, News, Tech
m, EtIn a post authored on GitHub, Ethereum founder Vitalik Buterin proposed a fixed supply cap on the total number of ether (ETH). Called the Ethereum improvement proposal (EIP), developers and software users were also asked their opinions about this proposal, which would cap Ether’s supply at 120,204,432. Hard Cap to a Hard Question The proposal puts to rest a…
As Ethereum ‘Ice Age’ Approaches Community Votes on Mining Reward Cut
Category: Blockchain, Ethereum, News
The Ethereum blockchain currently uses a Proof-of-Work consensus mechanism to verify transactions and to produce new ether coins. That means that ether miners require large amounts of computational power to process and verify transactions to receive new coins. Running a blockchain using a Proof-of-Work consensus mechanism, however, creates the problem of scalability as can currently be witnessed by the Bitcoin…
