Ever since Ethereum – the second largest cryptocurrency by market capitalization in the world – moved its consensus mechanism to “Proof-of-Stake”, the Ethereum community has seen drastic changes in its ecosystem. The event, which became known as “the merge”, became the most talked about cryptocurrency occurrence of the year. Ethereum set the merge as the […]
Category: Ethereum
October 13, 2022
October 11, 2022
Ethereum Supply Finally Turns Deflationary Following The Merge
The merge was without a doubt one of the biggest events to happen in the cryptocurrency sector of the last decade. On September 15th of 2022, the world’s second-largest cryptocurrency by market capitalization completely changed its consensus mechanism to “proof-of-stake”. That change marked the end of Ethereum cryptocurrency mining and also the transition to a […]
October 6, 2022
Ethereum Drops ETH Issuance By 98% Since Merge
On-chain data reveal that the quantity of Ethereum released every day has been dramatically reduced since the Merge, indicating that the asset is on its road to becoming deflationary. Update 29 September 19:30: The current supply growth rate is 0.09%, with 14,042,583 ETH now in the Ethereum staking contract, totaling $18.7 billion. Since the Merge, […]
