Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: sirty143 on August 11, 2021, 11:40:32 PM

Title: Ethereum supply flips briefly into deflation as gas fees spike
Post by: sirty143 on August 11, 2021, 11:40:32 PM
(https://i.imgur.com/5XQH9prm.jpg)

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... See more for yourself here (https://cointelegraph.com/news/ethereum-supply-flips-briefly-into-deflation-as-gas-fees-spike).

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