Market Cap: $2,209,286,508,885
24h Vol: $36,812,792,967
Cryptocurrencies: 29503
Markets: 111713
Cryptocurrencies: 29503
Markets: 111713
Market Cap: $2,209,286,508,885     
24h Vol: $36,812,792,967
Coin-turk.com 2023-09-15 12:55:33

The Merge Update Turns Ethereum into a Deflationary Asset

The Merge Update Turns Ethereum into a Deflationary Asset
The successful implementation of The Merge update on September 15, 2022, which transitioned Ethereum (ETH) from Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) consensus mechanism, indicates that the supply of ETH has turned into a deflationary asset with a decreased annualized percentage. Although the price of ETH remained almost unchanged after The Merge update, it can soar with the EIP-4844 update.The post The Merge Update Turns Ethereum into a Deflationary Asset appeared first on COINTURK NEWS.
esptco-banner img
Latest News

Videos

  • Tether USDT Coin : What It Is & What You Can Do With It? Simply Explained!

  • What is Basic Attention Token (BAT)? (EXPLAINED)

  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

  • Hardware vs Software Wallets: Which One is Better for You?

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire