/crypto
zigor
·
a year ago
Ethereum PoS 1 year
Exactly one year ago, on 15 September 2022, Ethereum switched from the Proof of Work consensus algorithm to Proof of Stake. Since then, ETH issuance has decreased by 0.249% (300,000 ETH), thanks to lower issuance rates and a previously integrated burn mechanism.
And if not for PoS, issuance would have increased by 3.165% or 3,805,812 ETH.
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