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Monetary theory
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Ethereum Monetary Theory: From EIP-1559 to the "Ultra Sound Money" Vision
Ethereum's monetary theory has continuously evolved after several key upgrades. EIP-1559 introduced a base fee burn mechanism, while "The Merge" transitioned the consensus mechanism from PoW to PoS, significantly reducing ETH issuance. These changes aim to make ETH "ultrasound money," an asset with potential deflationary properties. Currently, Ethereum's supply dynamically changes, potentially exhibiting inflationary or deflationary states influenced by network activity, and staking volume has reached new highs, reflecting its value as a productive asset.
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Ethereum Monetary Theory: From EIP-1559 to the "Ultra Sound Money" Vision
Ethereum's monetary theory has continuously evolved after several key upgrades. EIP-1559 introduced a base fee burn mechanism, while "The Merge" transitioned the consensus mechanism from PoW to PoS, significantly reducing ETH issuance. These changes aim to make ETH "ultrasound money," an asset with potential deflationary properties. Currently, Ethereum's supply dynamically changes, potentially exhibiting inflationary or deflationary states influenced by network activity, and staking volume has reached new highs, reflecting its value as a productive asset.
Monetary theory
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