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Ethereum Magicians

Proposal to Cut Ethereum’s Annual Inflation Rate Met With Miner Criticism

cryptocurrency August 20, 2020

A new Ethereum Improvement Proposal (EIP) which aims to decrease the network’s mining reward is currently being debated. EIP-2878 looks to drop the block reward to just 0.5 ETH. Advertisements Those behind the new EIP claim it will bring annual inflation down and preserve the purchasing power of ether. However, those opposed say the change […]

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