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I was pretty excited about Ethereum when I first heard about it, but now, it looks like there is no fixed cap on the total amount of ether, which I consider to
by javert 12y ago
I was pretty excited about Ethereum when I first heard about it, but now, it looks like there is no fixed cap on the total amount of ether, which I consider to be a major fault.
What's stopping people from forking and making a "version" with a fixed cap, like bitcoin?
- drdeca 12y agoI believe that they have stated that they are aware of the possibility of forks due to people having differing preferences, and that their stated view of that is that if thats what people want to do then that is what people will do. So, I don't think theres anything preventing such a new version from being created. (It could be difficult to get a large enough mass of people on it though.)
- DennisP 12y agoBitcoin has a fixed cap but it won't be reached until 2140. For the first four years it had linear growth, just like Ethereum will have. Demand increased faster than supply so the price went up. In percentage terms, Ethereum's growth will be down to 5%/year after 20 years.