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$275.70
(-8.45%)

Price (USD)

0.0436฿
(-5.89%)

Price (BTC)

$1.4B

Trade Volume (24hrs)

$40.5B

Y2050 Implied Marketcap

69.03%

Y2050 Supply % Issued

Snapshot

Age

3yrs

Marketcap (current)

$28.0B

Marketcap (Y2050)

$40.5B

Price (USD)

$275.70

Price (BTC)

0.0436฿

24hr Change (%)

-8.45%

24hr Trade Volume

$1.4B

All Time High

$1,432

All Time High Date

2018-1-13

% down from ATH

80.74%

Vladimir Club Cost

$4.05M

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

📣 Aragon Q2 development update

With aragonOS 3.0 alpha, Aragon ($ANT) announced that audit of their codebase with the White Hat Group had started. The first round of audits have been completed and according to the audit, the code base has fixed all important security issues that were found and will be working on further improvements and refactors. Additionally, during Q2 Aragon also released the Aragon Developer Portal which featured their own command line tool for building Aragon apps, and deployed the Survey app on the Ethereum Mainnet ($ETH) for community members to signal their sentiment on the project.

📱 Mobile crypto wallet Toshi rebrands as Coinbase Wallet

Toshi, the popular Ethereum mobile wallet, has recently been rebranded as Coinbase Wallet. The Coinbase-developed app has been revitalized with a new name as the service merges into a larger effort to invest in products set to define the future of the decentralized web. Users of Coinbase Wallet can manage their $ETH and ERC20 tokens, receive airdrops and ICOs, buy and store crypto collectibles, send and receive payments, access decentralized exchanges, and explore third-party dapps.

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

5%

1 month

-40%

3 months

-55%

1 year

-13%

3 years

19,144%

Ethereum Price Chart  (view larger)

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Ethereum Supply Snapshot

Current supply

101,453,246

Y2050 supply (est.)

146,975,853

% Y2050 Issued

69.03%

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