ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade

ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade

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Source: Coindesk.com

The recent Dencun upgrade lowered fees by 4x, on average. This led to less ETH being burned, thus reversing its status as a deflationary asset.

Ethereum's recent Dencun upgrade, which was designed to reduce fees and help scale the network, has caused ether (ETH) to revert back to an inflationary asset

Read More https://www.coindesk.com/tech/2024/05/09/eth-reverts-to-inflationary-asset-following-fee-reducing-dencun-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade" appeared first here Coindesk.com.

Source: Coindesk.com

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