This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
These answers are taken directly from the Ethereum Foundation development team. These aren’t coming from me rather the individuals who are currently working on the merge, /u/vbuterin included.
Triple Halvening? explained:
There is little to "believe" in: it is just a matter at looking at PoW versus PoS issuance. Right now PoW issuance is roughly 13,500 ETH/day. In comparison PoS issuance with 14M ETH staking is roughly 1,700 ETH/day ETH per day. So even with 14M ETH staking (for context we currently have 5.7M ETH staking) 1,700 ETH/day is roughly 8x less than 13,500 ETH/day and an 8x issuance reduction is the equivalent of three halvings in Bitcoin land.
Ultrasound Money?
Likely soon™. A criterion for qualifying as ultra sound money is decreasing supply which could be achieved post-merge if fee burn from EIP-1559 is greater than PoS issuance. I have high confidence (95% ) that the supply will start decreasing post-merge and that the supply at merge (projected to be around 120M ETH) will be a de facto supply peak for the lifetime of Ethereum. Note that monetary deflation implies "No Supply Floor™", as David Hoffman would say :)
I’ll be editing this adding a few links to learn more about ultrasound money later on.
TL;DR: The triple Halvening will happen. There will be a limited supply of ETH after the merge, and the projected coin limit is 120 Million. Lastly, ETH 2.0 will be defined as ultrasound money.
Subreddit
Post Details
- Posted
- 3 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/ethtrader/c...