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Proposal to reduce Ethereum issuance sparks heated discussion in crypto community

Proposal to reduce Ethereum issuance sparks heated discussion in crypto community

CointimeCointime2024/04/02 13:00
By:Cointime

Ethereum Foundation researcher Mike Neuder wrote a document titled "Issuance Issues" that supports adjusting token issuance to solve some of the current issues in Ethereum, including maintaining the feasibility of independent staking relative to liquidity staking protocols and ignoring high levels of staking that could harm staking rewards. Neuder advocates for reducing issuance in Ethereum's next upgrade, "Electra," but other researchers and developers strongly reject this position. Opponents believe that the current push to adjust Ethereum's issuance curve is a complete overreaction to unfounded centralization concerns, and that the proposal's goals are unclear, and the current issuance curve has not caused value erosion.

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