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Cryptocurrencies: 29441
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Cryptocurrencies: 29441
Markets: 111325
Market Cap: $2,138,390,319,526     
24h Vol: $69,057,473,861
Bitcoin.com 2023-02-20 19:00:57

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to
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