The supply of the second-largest cryptocurrency by market capitalization, Ethereum’s ether, has dropped by around 0.02% over the past two years after the network’s merge with the Beacon Chain, which moved it to a Proof-of-Stake consensus algorithm. According to the founder of 1confirmation Nick Tomaino, over the same period the supply of the flagship cryptocurrency […]
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Ethereum (ETH) in Deflationary Territory as Supply Drops Post-Merge
