Vitalik Buterin: Ethereum Issuance “Whatever It Needs To Be” For Security

in ethereum •  8 years ago 

Ethereum co-founder Vitalik Buterin has confirmed his reasoning behind Ethereum’s issuance and the unlimited supply of coins.

In a Twitter exchange with Ethereum Classic fund creator Barry Silbert and cryptocurrency enthusiast Kalle Rosenbaum, Buterin said the issuance of ETH tokens “is whatever it needs to be to ensure reasonable [level] of security.”

Buterin continued that he considered the Ethereum camp had been “consistent” regarding issuance, as Rosenbaum reiterated the perspective that the altcoin’s intended purpose is not as a “money system.”

Read more here: https://cointelegraph.com/news/vitalik-buterin-ethereum-issuance-whatever-it-needs-to-be-for-security

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nice post.