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One year after the merger of Ethereum: energy consumption decreased by 99.9%, and liquidity boosted ETH into a deflationary era
Ethereum has been transitioning from Pow to PoS for over a year now, and this transformation, known as' consolidation ', introduces the concept of' pledge ', which is a new method of adding and approving trading blocks to the blockchain.In PoW mode, miners compete to add blocks by solving password challenges
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Why did the price of Ethereum plummet after its successful merger? Can ETH have deflationary properties?
The ETH merger has been very successful, and currently there have been no flaws. Some reports suggest that this merger is equivalent to changing the engines of an aircraft in flight, which is both astonishing and appropriate
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With these two key deflationary winds rebounding, Ethereum (ETH) prices will soar
The optimism after the upgrade of "shapella" briefly pushed the price of Ether (ETH) to an 11 month high of around $2150 earlier this month, but has now largely subsided.Ether is a token for Ethereum blockchain that supports smart contracts, with a final transaction price close to $1900
