What is the actuall reward for the block in ETH POS ?

djmcg

newbie

Activity: 68

Merit: 0

Quote from: vv181 on October 30, 2022, 12:05:25 PM

Yes, that is partly correct. 0 reward on the execution layer.

If you hover over the block reward on the link above, it will give tooltips.

0.064949216109325952 Ether (0 + 0.327007168804960212 - 0.26205795269563426)
(static block reward + Txn Fees + Burnt fees)

But do note that on the another hand, within the consensus layer, ETH issuance is still happening.

I found a great article and web platform while I researched your question. It should explain further regarding your topic: https://ethereum.org/en/upgrades/merge/issuance/ and https://ultrasound.money/. Take a look over there, it's a good read.

That`s very interesting , Thank You.

vv181

legendary

Activity: 1932

Merit: 1273

Yes, that is partly correct. 0 reward on the execution layer.

If you hover over the block reward on the link above, it will give tooltips.

0.064949216109325952 Ether (0 + 0.327007168804960212 - 0.26205795269563426)
(static block reward + Txn Fees + Burnt fees)

But do note that on the another hand, within the consensus layer, ETH issuance is still happening.

I found a great article and web platform while I researched your question. It should explain further regarding your topic: https://ethereum.org/en/upgrades/merge/issuance/ and https://ultrasound.money/. Take a look over there, it's a good read.

djmcg

newbie

Activity: 68

Merit: 0

Thank You For replay now I understand it.

So after the POS (merge) the reward from block (2 eth in the past) is 0 now, only reward for gas minus Burnt Fees.

zasad@

legendary

Activity: 1736

Merit: 4270

Quote from: djmcg on October 29, 2022, 02:32:46 PM

It that means the reward is mark as yellow what about cyan the burn is more than reward? or should i reward minus burnt fee the eth will give us deflation ?

https://obrazki.elektroda.pl/1143945800_1667068195.png

Example
https://etherscan.io/block/15856191

Block Reward:
0.064949216109325952 Ether (0 + 0.327007168804960212 - 0.26205795269563426)

Burnt Fees:
🔥 0.26205795269563426 Ether

The number of coins burned cannot be more than the reward of the validator, otherwise the validator will have to pay for it. Reward is the final reward of the validators. At the beginning it is difficult to understand, but you need to look for more detailed information on each block.

djmcg

newbie

Activity: 68

Merit: 0

It that means the reward is mark as yellow what about cyan the burn is more than reward? or should i reward minus burnt fee the eth will give us deflation ?

https://obrazki.elektroda.pl/1143945800_1667068195.png

vv181

legendary

Activity: 1932

Merit: 1273

If you look around Etherscan, you should have found it.

You can find rewards per each blocks at https://etherscan.io/blocks. And further information regarding the burn mechanism graph/dashboard are over here: https://bi.etherscan.io/public/dashboards/ORfoxXZXVdCGQ4ShYL2Ndk7ji6n0hLy9RwSrvt4w?org_slug=default.

djmcg

newbie

Activity: 68

Merit: 0

Hello
Could You advice where I can track the information regarding current reward for ETH block (POS). ?
Whether with higher network load (new projects, more TX per sec) if will be have an impact on the burn fee on ETH. It may be possible that ETH will be deflationary ?
What's the current block reward now?

Topic: What is the actuall reward for the block in ETH POS ? (Read 62 times)