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3232‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake
https://www.digit.info/ultra-sound-money-simulation-shows-ethereums-inflation-rate-is-significantly-lower-using-proof-of-stake/
Thu, 29 Dec 2022 20:30:22 +0000https://www.digit.info/2022/12/29/ultra-sound-money-simulation-shows-ethereums-inflation-rate-is-significantly-lower-using-proof-of-stake/Read more]]>Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on […]
]]>Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed
https://www.digit.info/ethereum-has-burned-1-2-million-eth-in-4-months-close-to-5-billion-in-ether-destroyed/
Tue, 28 Dec 2021 19:00:01 +0000https://www.digit.info/2021/12/28/ethereum-has-burned-1-2-million-eth-in-4-months-close-to-5-billion-in-ether-destroyed/Read more]]>With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether worth […]
]]>Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
https://www.digit.info/ethereum-has-burned-more-than-a-million-eth-over-the-last-3-months/
Wed, 24 Nov 2021 18:30:03 +0000https://www.digit.info/2021/11/24/ethereum-has-burned-more-than-a-million-eth-over-the-last-3-months/Read more]]>111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. […]
]]>Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days
https://www.digit.info/ether-inferno-ethereum-network-burned-over-2-4-billion-worth-of-eth-in-87-days/
Sun, 31 Oct 2021 20:30:20 +0000https://www.digit.info/2021/10/31/ether-inferno-ethereum-network-burned-over-2-4-billion-worth-of-eth-in-87-days/Read more]]>87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 […]
]]>Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
https://www.digit.info/ethereum-after-1559-network-participants-burn-over-300000-ether-worth-more-than-1-billion/
Thu, 16 Sep 2021 20:00:00 +0000https://www.digit.info/2021/09/16/ethereum-after-1559-network-participants-burn-over-300000-ether-worth-more-than-1-billion/Read more]]>On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K Ether Burned Following EIP-1559 More than a billion dollars worth of […]