Oct 5, 2022
10 min read
Ethereum’s Post-Merge Economics — Is ETH Deflationary? On-Chain Analytics.
Introduction
Following the network’s upgrade on September 15th, Ethereum switched from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, enabling the network to reduce its carbon footprint by 99.95%.
This also implies that Ethereum’s daily token supply has decreased since the merge, and…
