Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test

Ethereum’s New Low-Fee Regime May Put Its ‘Ultra Sound Money’ Thesis to Test

Source Node: 2935967

The proliferation of layer 2s, which have been developed to help Ethereum scale and increase its capacity, has also contributed to bringing down fees, the report noted. While the development is positive for Ethereum users who can execute transactions cheaper than before, it impacts ETH's supply by keeping it inflationary by burning fewer tokens than new issuance.

Time Stamp:

More from CoinDesk