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Nalezeno "fee burning": 3

Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary


Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...

Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism


Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...

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