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ZyCrypto 2021-11-22 10:54:02

EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold

Ethereum continues to face consecutive weeks of deflationary issuance since the London hard fork which saw the EIP-1559 improvement proposal launch on the Ethereum network in early August. So far, circa 961,920 ETH (Approximately $4.1 Billion) has been permanently destroyed in under 4 months, compared to 243,690 ETH, which is the current miner balance. Around 80,968 […]

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