It’s been about a week since the Ethereum (ETH) Merge update. What were the pros of the PoS system in this past process, how the Ethereum ecosystem was affected, all the details are included in the content of the news.
The Ethereum network, which switched from a Proof of Work (PoW) system to a Proof of Stake (PoS) system, brought many innovations with it. One of the most important of these innovations was based on the fact that the Ethereum supply was put into a state of shock and the supply offered to the market was significantly reduced. According to the data provided by Ultra Sound Money, notable changes were observed in the supply even in this short period of about 1 week.
According to the data in question, if Ethereum had not switched to PoS, its supply (annual inflation) in this process 3.79% would increase, and this number would be approximately 102 thousand EthereumIt would correspond to . However, thanks to the PoS system, the supply is only 0.20% increase exhibited and about 5,000 Ethereums has been released to the market.
This supply shock, which is the point mentioned by many analysts especially when it comes to the PoS system, is thought to be a positive factor in the price of Ethereum in the long run.
In addition, when viewed in the light of the data, Bitcoin’s price in this 1-week period 1.72%It is seen that it has a more inflationary structure than Ethereum with its supply level of .