Metapherse
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Metapherse

What is triple halving of Ethereum and why does it matter?

The combination of EIP-1559 and the corresponding move toward a proof-of-stake model would represent a “triple halving” for Ethereum

  • Cost of energy consumption to mine coins
  • Inflation and value of coin
  • The relationship of “proof of work” and “ proof of stake” to the above two
  1. A more stable coin with lesser price fluctuations
  2. A more costlier coin
  3. A more stable network with far less energy consumption
  4. More DeFI applications created to drive financial decentralisation and a parallel economy
  5. More real world applications

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Work @ Google. Ex Adobe, SAP, LinkedIn, IBM — Musings on growth, art, investing, life and a few other interests