@BOMBERuss 25 September 2022 more from that month

On-chain statistics show that after the #Merge update, the volume of emissions in the #Ethereum network dropped sharply. This dynamic indicates deflationary processes in the #blockchain According to Ultra Sound Money, since then the rate of issuance of new coins has fallen by 98%. After Ethereum switched to the proof-of-stake consensus algorithm, the volume of supply increased by 7,385.47 #ETH, whereas on the Proof-of-Work model, over the same period, the increase would have been 128,422.13 ETH. Over the past day, the volume of supply increased by 0.34%. Compared to the daily average of 3.86% on #PoW. Some believe that the emission has decreased not only because of the #transition of the network to #PoS. Activity in the Ethereum #network also decreased, which led to a reduction in the cost of gas and also affected the volume of emissions. However, network activity fell before Merge, nevertheless, when the network was running on the PoW algorithm, much more tokens were created. #CryptoCurrency