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A proof-of-work (POW) system is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer.

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What is the total supply of Ether?

From StephanTaul on the Ethereum Forums on September, 2014: There is no maximum. 60,102,216 ethers were created during the sale, plus 2x pools of 9.9% each. 26% of 60,102,216 will be created through …
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