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Another look at the ETH burn

darkflame

Published: 05 Oct 2021 › Updated: 05 Oct 2021Another look at the ETH burn

Another look at the ETH burn

I just saw this tweet with some stats from Messari, it seems Ethereum has settled $6.2 trillion in transactions, which is quite a bit of money, that is three times the value of all crypto currently.


Is it worth holding more Ethereum?

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https://messari.io/asset/ethereum

Will Eth become ultra sound money?

I haven't looked at Ethereum since my story "Why you should buy some Eth before 2022" which I wrote on Aug 12 2021 after the London Fork which essentially lit the furnace that is burning ETH. In August I also shared this video with Raoul Pal on BTC vs ETH. I am eager to see what happens!

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PoW removal: in 177 days

https://ultrasound.money/

MERGE DATE: 30 Mar 2022

"We formerly referred to this as "the docking."" "This will mark the end of proof-of-work for Ethereum, and the full transition to proof-of-stake." "Ethereum Mainnet continues to be secured by proof-of-work, even while the Beacon Chain runs in parallel using proof-of-stake."

https://ethereum.org/en/eth2/merge/

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Read more about The need for Eth2 upgrades. In order to be part of the beacon chain you had to stake 32 eth, and it appears there are over 7.8 million ETH staked. https://beaconcha.in/

Burned: 434,907 ETH

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($1,474,614,628 )
https://watchtheburn.com/

You can buy ETH on Hive-Engine

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https://leodex.io/market/SWAP.ETH


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