The offer of Ethereum changed after the integration upgrade with the expectation that it will become more deflationary than ever!
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Answer The offer of Ethereum changed after the integration upgrade with the expectation that it will become more deflationary than ever!
The Ethereum integration upgrade brought a lot of changes and updates to the way the Ethereum network works.
Upgrade and just as we have told carry some nuances that need to be clarified.
Here are some answers to the following questions:
When can Ethereum become deflationary?
And when will the offer stop expanding?
Ethereum is still not deflationary yet:
according to “MoneyThe amount of ETH in circulation has increased by over 6000 ETH since the merger on September 15th.
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At the time of writing this article (September 24) and at current prices, this amount is equivalent to $8 million worth of Ethereum that has entered circulation.
This does not mean that the merge did not make a difference.
The gradual release of Ethereum is much lower than the current Bitcoin issuance rate of 6.25 BTC every 10 minutes.
How does the ethereum version work?
The release of Ethereum is subject to two variables:
Support mass and rate of combustion.
The block backing represents all of the newly created Ethereum with each block, which is generated approximately once every 12 seconds from the date the merge started.
The amount of support depends on the amount of Ethereum allocated on the network.
At the current stakeout rate there are nearly 14 million ETH, with the stakers being rewarded with 1,700 ETH every day.
The burn rate indicates how much Ethereum is burned through the gas charge.
Of course, the burn rate goes up along with the fees, which go up when Ethereum experiences a large transaction volume.
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For Ethereum to be more deflationary, the number of digital tokens generated through the backing of the block must be less than those burned by the network.
While Ethereum is trying to compete with Bitcoin as a cash network, many analysts see it as the opposite, such as the technical director of Tether, who believes that the Ethereum network is far from competing with Bitcoin, as Ethereum is constantly changing and serves as a global computer, including a global digital financial payment network.
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