What are the changes in ETH supply since the merge?

Can you explain the changes in Ethereum's supply since the merge of Ethereum 1.0 and Ethereum 2.0? How has the merge affected the total supply of ETH and the issuance rate?

1 answers
- As for the issuance rate, it has significantly decreased since the merge. In the PoW era, the issuance rate was around 4-5 ETH per block. With the transition to PoS, the issuance rate has decreased to around 0.22 ETH per block. This reduction in the issuance rate is part of the Ethereum community's efforts to control inflation and ensure the long-term sustainability of the network. By reducing the rate at which new ETH is created, Ethereum aims to maintain a healthy balance between supply and demand, which can contribute to the overall stability and value of the cryptocurrency.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 96
What are the advantages of using cryptocurrency for online transactions?
- 78
What are the best digital currencies to invest in right now?
- 76
How can I buy Bitcoin with a credit card?
- 73
How does cryptocurrency affect my tax return?
- 53
How can I minimize my tax liability when dealing with cryptocurrencies?
- 47
How can I protect my digital assets from hackers?
- 44
Are there any special tax rules for crypto investors?
- 38
What are the best practices for reporting cryptocurrency on my taxes?