Ethereum Will Likely Reach Zero Issuance 100 Years Before Bitcoin: Arcane Assets CIO - BitcoinEthereumNews.com
व्लादिस्लाव सोपोव Eric Wall, chief investments ifficer of Arcane Assets Web3 VC firm, explains crucial importance of EIP 1559 for ETH supply विषय-सूची Two percent of Ethereum (ETH) supply destroyed for good But is this good for Ethereum (ETH)? Which blockchain—Bitcoin or Ethereum—will be the first to reach the “zero net issuance” point, which is arguably the most crucial milestone for the circulating supply? Two percent of Ethereum (ETH) supply destroyed for good Mr. Wall has taken to Twitter to share his estimations of the effects EIP 1559 and corporate-driven aggressive purchases have had on the Ethereum (ETH) and Bitcoin (BTC) supplies. EIP-1559 took 2% of the supply off the market for good. It was a bigger event than MicroStrategy which took 0.7% of BTC off the market (not really off the market, may have to sell). https://t.co/iItTDH8wpa - एरिक वॉल (@ercwl) जून 5 As 2.4 million Ethers have been burned since the activation of the EIP 1559 upgrade (which allowed Ethereum to partially destroy transactional fees), 2% of the aggregated Ethereum (ETH) supply will never be available on the market. Even amid the crypto recession, this monstrous sum is equivalent to $4.26 billion. At the same time, all MicroStrategy purchases erased just 0.7% of Bitcoin (BTC) supply—and this can be