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Blockchain Applied  •  
February 19-20, 2019

# Ether supply News

Vitalik Buterin has sent out an April fools prank this year that left the community with some concerns. While his prank consisted of a new fixed supply proposal for Ethereum, called Fixed Supply EIP 960, he later tweeted that whether it was a joke or not, he argued if the...
April 2, 2018 by at 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...
March 29, 2017 by at 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...
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