contestada

How many Ethers were in existence at launch and why? 1. 21 million because they wanted to have more units than Bitcoin 2. 72 million because they couldn't make any less 3. 72 million because they needed to raise cash for its development 4. 21 million because they needed some to use on the testnet

Respuesta :

Answer:

72 million because they needed to raise cash for its development

Explanation:

It is a known fact that at lunch Ethereum had only 72 million tokens in existence back in July 2015. In other to develop the Blockchain network further, the founder, Vitalik Buterin organized a fundraising event around July and August 2014.

Fast forward to the year 2020, Ether now has a total supply of about 112 million.