The analysis standard applied the uploaded “Cryptoeconomy Design Analysis v1.2” guidelines. The maximum supply is generally presented as 210,700,000 ETC, with the actual final supply depending on the uncle rate, etc. Any changes beyond that depend only on the protocol rules and the results of the execution of signed transactions. Definition: Rather than social intervention
Investment View
Supply predictability is high. The risk of dilution for long-term holders is lowered. Miners are provided with rewards to bootstrap initial security. Over time, there is a slow shift to a fee-based security model. The limitations are as follows: If the fee market does not grow sufficiently, long-term security budgets will shrink. The cost of a 51% attack can be lowered if PoW hash power is exposed to the external rental market. Scarcity may be a necessary but not sufficient condition for value, and actual demand is determined by dApps, transactions, security trust, and exchange support. ETC's utilities are divided...
Ethereum Classic is a PoW smart contract chain that diverged from Ethereum after the DAO hack in 2016, and its core narratives are “Code is Law”, immutability, PoW, and fixed monetary policy. ECIP-1017 proposed an economic design to link speculative demand and security budget by introducing a supply cap and 5M20 production reduction structure for ETC. (Ethereum Classic Improvement Proposals) However, as of 2026, ETC’s crypto economy has “strong value narrative” and “weak application demand” coexisting.
Investment View
Therefore, 55% was allocated to security and monetary policy, 25% to development compatibility, and 20% to actual usability. When Olympia is actually activated, a non-inflationary profit structure called BASEFEE Treasury will be created, but currently proposal and coordination risks remain. However, IOHK evaluated that MESS does not guarantee complete security and does not guarantee prevention of additional attacks.