https://www.coindesk.com/a-phone-call-could-impact-ethereums-future-and-its-happening-today/
Quote
Two proposals on the agenda for Friday's meeting seek to reduce issuance — something some ether holders believe is too high. (Currently, the inflation rate is fixed at 3 ETH per block — down from 5 ETH since last October.)
While there's a host of ethereum investors who have yet to publicly comment on the matter, several investors have taken to social media to call for a reduction in ethereum issuance, contending that the current inflation rate is an unnecessarily high tax on the holders of the cryptocurrency.
For example, some are pointing to a quote attributed to the creator of ethereum Vitalik Buterin in 2017 that states: "In the foreseeable future, the supply will not go far above 100 million," a figure which as now been surpassed.
Others are going so far as to blame the inflation rate as the reason for ether's market value decline, which hit a 2018 low of less than $300 earlier this month.
While there's a host of ethereum investors who have yet to publicly comment on the matter, several investors have taken to social media to call for a reduction in ethereum issuance, contending that the current inflation rate is an unnecessarily high tax on the holders of the cryptocurrency.
For example, some are pointing to a quote attributed to the creator of ethereum Vitalik Buterin in 2017 that states: "In the foreseeable future, the supply will not go far above 100 million," a figure which as now been surpassed.
Others are going so far as to blame the inflation rate as the reason for ether's market value decline, which hit a 2018 low of less than $300 earlier this month.
Expect block reward to be reduced to 1 ETH.
