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2022-11-11 11:28:49

Ethereum’s Burn Rate Has Overtaken That Of Minting Rate

The post Ethereum’s Burn Rate Has Overtaken That Of Minting Rate appeared first on Coinpedia Fintech News The second largest cryptocurrency, Ethereum which recently switched from proof of work (PoW) to proof of stake (PoS) has found its ground for the first time since its upgrade. The ultrasound.money suggests that Ethereum’s annual inflation rate has plunged to 0.029% which states that the network’s ether burning rate has surpassed the rate of minting. …

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