Ethereum 2.0 emission will not exceed 2 million ETH per year

Buytex
Buytex Exchange
Published in
1 min readMay 5, 2020

Vitalik Buterin announced the expected reduction in the annual Ethereum issue from the current 4.7 million coins to 100 thousand — 2 million after switching to the Proof-of-Stake consensus algorithm.

Buterin explained that the rejection of Proof-of-Work in favor of Proof-of-Stake was due to the desire to reduce inflation in the blockchain and reported on the possibility of situations where, during a period of a large number of transactions due to the burning of part of each commission, the total supply of ethers may even decrease.

Another feature during the transition to stage 2.0, according to him, will be a change in the size of blocks in response to fluctuations in network activity, whereas now it is regulated by adjusting the cost of gas.

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