Hello it seems Bitcoin has a hard coded max supply at 21,000,000 Bitcoins. Does Ethereum not have something like this? Who decides how many Ethereum there is? I thought all coins had this and that was the point of cryptocurrency to not use inflation/money printing techniques!
Its more complex then Bitcoins simple 21,000,000 number.
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).
Here is the current number of Ethereum:
This is great info. I knew about this but not the exact numbers.
Really annoying when BTC maximalist say ETH has an unlimited supply.