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Ethereum Issuance Reduction Proposal Sparks Controversy in Crypto Community

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#DeFi
Odaily
394Words
Apr 1, 2024

Mike Neuder, a researcher at the Ethereum Foundation, has proposed a reduction in token issuance in the next Ethereum upgrade, "ELECTRA." The aim is to address the feasibility issues of independent staking and liquidity staking protocols, as well as to prevent excessive collateral damage to rewards. However, this proposal has sparked heated discussions within the crypto community. Other researchers and developers strongly oppose it, arguing that it is an excessive reaction to unfounded centralization concerns. They also believe that the proposal lacks clear objectives and that the current issuance curve has not resulted in value erosion.

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