In a world where currencies are constantly devalued by governments printing more money, Ethereum stands out as a deflationary currency. Ethereum is designed to reduce the new supply of tokens each year, with the goal of eventually reaching a steady state. This deflationary model is a key reason why Ethereum has become so popular, as […]
How Many Ethereum Have Been Burned
Since Ethereum’s launch in 2015, over 88 million Ether have been burned. This is in line with Ethereum’s goal of reducing the total amount of Ether in circulation. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ether is the […]
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How To Make Money With Ethereum Proof Of Stake
In this article, we are going to discuss how to make money with Ethereum proof of stake. Ethereum is a public, blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a […]
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What Is Burning Ethereum
What Is Burning Ethereum? Burning Ethereum is the process of destroying ETH tokens in order to reduce the total supply of the cryptocurrency. This is usually done by sending ETH tokens to a special address which can only be used to burn tokens. The reason for burning Ethereum tokens is to reduce the overall supply […]
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