3 ms·
That is debatable, but also besides anything else, changing to PoS means changing the tokenomics (some tail emission for staking rewards, no 21m hard cap), whic
by ifwinterco 1y ago
That is debatable, but also besides anything else, changing to PoS means changing the tokenomics (some tail emission for staking rewards, no 21m hard cap), which means it's incredibly unlikely to happen
- ChadNauseam 1y agowhy would staking rewards be any more necessary than mining rewards?
- ifwinterco 1y agoIn the end state (after ~2140), mining rewards just come from TX fees. But true, it is possible you could just redistribute TX fees to stakers. Post-merge ethereum is designed so that the gas fees and the staking rewards roughly cancel out on balance (so overall inflation is around zero), but they are decoupled so even if nobody is using the network you still get a staking yield
- eurleif 1y ago>so overall inflation is around zero Pedantic point: monetary inflation is around zero, not necessarily price inflation (which is what people typically mean when they just say "inflation").
- ifwinterco 1y agoYes sorry, important clarification. In theory if the entire world was on an ethereum standard with a steady state population, price inflation would also average out to zero