Ultra Sound Money – DIGIT INFO

Ether turns inflationary for the first time since Merge

DIGIT — Thu, 09 May 2024 13:51:49 +0000

This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place.

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

DIGIT — Mon, 20 Feb 2023 19:00:57 +0000

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to […]

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‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake

DIGIT — Thu, 29 Dec 2022 20:30:22 +0000

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 […]

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‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

DIGIT — Mon, 19 Sep 2022 18:30:08 +0000

Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered […]

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Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

DIGIT — Sat, 21 May 2022 15:00:28 +0000

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says […]

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Ethereum supply flips briefly into deflation as gas fees spike

DIGIT — Wed, 11 Aug 2021 03:14:19 +0000

A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far.

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Ethereum network burns $395K ETH per hour after London upgrade

DIGIT — Fri, 06 Aug 2021 02:39:10 +0000

At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke.

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Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021

DIGIT — Mon, 17 May 2021 21:30:40 +0000

During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter financial results. Wang’s comprehensive Ethereum analysis showcases a myriad of data points […]

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