Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance price has been lowered to unfavourable 0.057%, in keeping with statistics 158 days...
There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits
In latest occasions, cryptocurrencies that burn tokens have been highly regarded and a variety of well-known blockchain tasks have destroyed massive sums of digital property....
Shiba Inu Burn Rate Hits 26,000% within the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen plenty of tokens burned over the last 24 hours. According to statistics, the community’s burn...
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
This week, the Ethereum community’s burn price reached a milestone by surpassing 2 million ethereum burned price $5.81 billion since August 5, 2021. Metrics present...
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
Approximately 205 days in the past, the Ethereum community upgraded by way of the London arduous fork which carried out the packaged Ethereum Improvement Proposal...
Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed
With three days left till the tip of 2021, the Ethereum community and its native token ether have had an outstanding 12 months as ether...
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days in the past, the Ethereum community applied the London onerous fork improve which added a mechanism (EIP-1559) that modified Ethereum’s charge fee to...
Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days
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...
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
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...
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the...