Vitalik Buterin Contemplating Hard Cap of 120m Ethereum

[kreslik.news]

Ethereum has seen its fair share of question marks during its meteoric rise last year, perhaps none greater than whether the amount of Ether created would be capped. This question could soon be clarified after the foundation’s Vitalik Buterin hinted at proposing an eventual limit on ether.

Mr. Buterin provided some very specific proposals earlier this week that could eventually serve as a more concrete figure. In particular, he proposed a cap at 120,204,432, or exactly twice the amount of ether sold in its original sale in 2014 in a forthcoming software change, per an Ethereum Improvement proposal (EIP).

Ethereum’s policy has ... (read more)