The Ethereum community has been hard at work over the past few years, laying the foundation for its shift away from its current proof-of-work (PoW) algorithm which has formed the backbone of the blockchain’s operation up until today.Ethereum’s switch to its proof-of-stake- (PoS-) powered Ethereum 2.0 chain is edging closer to reality, with recent updates to its blockchain … [Read more...] about Ethereum in full deflation mode as Eth2 merge gets closer
deflation
Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade
With inflation at an all-time high in the United States, it is no surprise that investors are actively searching for an investment vehicle that would help them to properly hedge against this rising tide. Bloomberg, in one of its recent articles, has revealed that the choice investment asset for many of these investors is the leading digital asset, Bitcoin.US Dollar inflates as … [Read more...] about Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade
Hoarding cash? Bitcoin delivered 99.996% deflation this year
With inflation at an all-time high in the United States, it is no surprise that investors are actively searching for an investment vehicle that would help them to properly hedge against this rising tide. Bloomberg, in one of its recent articles, has revealed that the choice investment asset for many of these investors is the leading digital asset, Bitcoin.US Dollar inflates as … [Read more...] about Hoarding cash? Bitcoin delivered 99.996% deflation this year
Inflation or Deflation? Jack Dorsey, Cathie Wood, Elon Musk, Jeff Booth Debate!
This episode is sponsored by NYDIG.Download this episodeLast weekend, Jack Dorsey set the internet alight when he proclaimed, “Hyperinflation is going to change everything. It’s happening.” That kicked off a mighty debate involving Cathie Wood, Elon Musk, Jeff Booth and others. At the heart of it is the question of whether inflation or deflation is the more powerful force in … [Read more...] about Inflation or Deflation? Jack Dorsey, Cathie Wood, Elon Musk, Jeff Booth Debate!
Ethereum supply flips briefly into deflation as gas fees spike
The theoretical deflationary properties of Ethereum’s London upgrade last week have already been seen in action on the blockchain with almost 800 "deflationary blocks" produced.A spike in the Ethereum transaction fee burn rate has resulted in at least two hours when the supply was deflationary. The network has come under heavy load over the past couple of days which has … [Read more...] about Ethereum supply flips briefly into deflation as gas fees spike