Cryptoasset rankings
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$202.83
(+0.20%)

Price (USD)

0.0315฿
(-0.34%)

Price (BTC)

$1.2B

Trade Volume (24hrs)

$29.8B

Y2050 Implied Marketcap

69.89%

Y2050 Supply % Issued

Snapshot

Age

3yrs 2mos

Marketcap (current)

$20.8B

Marketcap (Y2050)

$29.8B

Price (USD)

$202.83

Price (BTC)

0.0315฿

24hr Change (%)

+0.20%

24hr Trade Volume

$1.2B

All Time High

$1,432

All Time High Date

2018-1-13

% down from ATH

85.83%

Vladimir Club Cost

$2.98M

Primary Github Repo

What is Ethereum?

Ethereum is a decentralized 'smart contract' platform, and is said to be the first Turing Complete1 blockchain. In addition to executing payment-style transactions like Bitcoin, arbitrary code (programs) can be run on Ethereum. This opens the possibility for decentralized applications and organizations and offers a rich programming environment for developers when compared to earlier blockchains. Key trade-offs include a larger 'attack surface', and more difficult long-term scaling considerations.

Recent Ethereum Stories by Messari

🤝 Genesis has loaned $553 million in crypto since March

In a recently released report OTC trading firm Genesis revealed that it had loaned $553 million worth of cryptoassets to institutions since March. As of September, the firm had more than $130 million in active loans, with more than 60 percent of that amount denominated in Bitcoin ($BTC). Genesis noted that some of the largest loans were made in Ethereum ($ETH to hedge funds which typically use the borrowed assets for short positions. As of the end of the first quarter ETH based loans made up 42 percent of outstanding balances, but the amount fell to only 4 percent as of the end of the third quarter following an 80 percent decline in ETH prices. Genesis pays between 5 percent and 7 percent to borrow cryptocurrencies and then charges about 10 percent or 11 percent to lend.

💱 LINE’s crypto exchange lists its own token for trading

Bitbox, the crypto exchange launched by Japanese messaging giant LINE, announced that it is listing its own token, LINK, for trading, joining bitcoin ($BTC), ether ($ETH), and tether ($USDT). Bitbox announced in August that it had launched a proprietary blockchain network called LINK Chain, which utilizes a combination of delegated proof-of-stake and practical Byzantine fault tolerance as its consensus mechanism.

Stay current on crypto at Messari.io

Ethereum & Related News

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Ethereum Historical Price Lookup

Check the price of Ethereum on:

Ethereum ROI

1 week

3%

1 month

-12%

3 months

-56%

1 year

-32%

3 years

32,643%

Ethereum Price Chart  (view larger)

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Ethereum Supply Snapshot

Current supply

102,714,424

Y2050 supply (est.)

146,975,853

% Y2050 Issued

69.89%

Type

Low inflation

Max

Switch to PoS expected at ~100m coins; 0.5-2% PoS emission thereafter.

Distribution method

Proof-of-Work initally, Proof-of-Stake ultimately

Estimated supply at PoS introduction

100000000

Estimated date of PoS introduction

~2019. See details.

Eventual PoS issuance

0.5%-2.00%, see details.

Ongoing emission type

Proof-of-Stake

Mechanics

Decaying emission, then PoS constant inflation

Supply Details

To date, the Ethereum community has prioritized various system properties over producing a concrete monetary policy, but there's nevertheless some rough consensus on what eventual monetary policy will look like. Further, it is expected that with upcoming system upgrades, various aspects of monetary policy will be finalized.

The consensus today is that Ethereum will move to Proof-of-Stake issuance in the next 2 years1 or so, at which point roughly 100 million ETH2 will have been mined. It is not well-defined what the issuance rate will be after the switchover to Proof-of-Stake, but the range of 0.5%-2% has been targeted3. Note that this perpetual inflation will accrue proportionally to existing ETH holders who decide to let their ETH participate in new-block 'validation'. Critically, from an investment perspective, this means that existing holders can prevent dilution without having to explicitly purchase new coins.

References:

1: comments on Casper & sharding timeline
Vitalik Buterin states that sharding is roughly 3-5 years away, and that Casper (full proof-of-stake) will be released well before sharding. OnChain Finance therefore estimates Casper release at roughly mid 2019.

2: proof of work issuance table
From this table, it's clear that Ethereum's proof-of-work generated supply will likely be around 97million when proof-of-stake is released.

3: Vitalik Buterin on Casper inflation rate