Topic: Ethereum May Experience a "Tripple Halving" (Read 98 times)
I really dont understand where is this "triple" halving coming from . Come to think of it Ethereum 2.0 is on the horizon and will be shifting to a proof-of-stake consensus algorithm .
EIP 1559 is being added within a month.
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
Let's wait for that perfect date stated, hopefully after mid July we will be experiencing great pumps. Even though with small percentage, at least we will feel the progress before halving comes perfectly. Currently my eth holdings just waited for the right signal to earn good profit, and also I'm struggling to control my weak hands to prevent spending on things that arent important. Someday we will enjoy our money but this time, it needs patience before everything else is a priority.
We are obviously mid July and so far there is no pump.
Better to wait till August or let them decide the actual date, because as we all know it keeps on changing and delaying. It will be good though as the market is experiencing a slow and boring trend. And if they is within schedule, I'm expecting a better pump on ETH and hopefully other altcoins will follow as well and so is bitcoin. So it's a waiting game for all of us, patience is the key.
EIP 1559 is being added within a month.
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
Let's wait for that perfect date stated, hopefully after mid July we will be experiencing great pumps. Even though with small percentage, at least we will feel the progress before halving comes perfectly. Currently my eth holdings just waited for the right signal to earn good profit, and also I'm struggling to control my weak hands to prevent spending on things that arent important. Someday we will enjoy our money but this time, it needs patience before everything else is a priority.
If my memories not wrong EIP-1559 upgrade also called as London hard fork, right? Which it's one of the efforts by devs to solve high fees on eth network, the last news I read IIRC it supposed to deploy in July which is this month, seemingly they have postponed it again, heh
Btw OP, try to add the contents link if you take it from another source/media to avoid plagiarism issue
Yes, the London hard fork is due on August 4th, although it was previously scheduled for July 14th. The next one, called the Shanghai one, is scheduled for October. The ethereum network is gradually updating, although not as quickly as expected. However, the update is due to end next year and will bring so many benefits and benefits to this coin. It is expected that the price of ethereum will soon grow many times and in the near future may reach 10,000 - 20,000 dollars. Btw OP, try to add the contents link if you take it from another source/media to avoid plagiarism issue
EIP 1559 is being added within a month.
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
Only part of the commissions will be burned.The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
The main reduction in inflation will occur after the merger, when miners will not receive the reward.
The emission for miners is approximately 4.2 M coins per year.
The POS algorithm will give much fewer rewards to validators, and commission burning will also work there.
If my memories not wrong EIP-1559 upgrade also called as London hard fork, right? Which it's one of the efforts by devs to solve high fees on eth network, the last news I read IIRC it supposed to deploy in July which is this month, seemingly they have postponed it again
Btw OP, try to add the contents link if take it from another source/media to avoid plagiarism issue
Btw OP, try to add the contents link if take it from another source/media to avoid plagiarism issue
If the price of ethereum fee was reduced to the tripple halving,then the price of ethereum will increase again to good value.Because we had good knowledge to use ETH as fee compared to BSC.The recent pump in the price of BNB is due to many tokens with the base of the Binance smart chain.Ethereum value will be their for longer period.
If my memories not wrong EIP-1559 upgrade also called as London hard fork, right? Which it's one of the efforts by devs to solve high fees on eth network, the last news I read IIRC it supposed to deploy in July which is this month, seemingly they have postponed it again, heh
Btw OP, try to add the contents link if you take it from another source/media to avoid plagiarism issue
Btw OP, try to add the contents link if you take it from another source/media to avoid plagiarism issue
EIP 1559 is being added within a month.
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
The Scarcity Engine (EIP 1559) goes live August 4th.
The combination of EIP1559 & The Merge (PoS) will create a triple halving.
"The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.
That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official."
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