Ethereum 2.0 will issue 100,000 to 2 million ETH

2022-01-15 区块链达人

About the Topaz testnet, Buterin stated that with the current level of participation, the emission is around 100,000 ETH’s per year. Therefore, Buterin expects that when Ethereum 2.0 is launched, between 100,000 to 2 million ETH’s will be issued per year. By comparison, the current issuance of Ethereum is quite higher with about 4.5 million ETH per year.

Buterin said Bitcoin and Ethereum sometimes “try to do different things and sometimes the same things”. However, Buterin said both cryptocurrencies share the same intend of creating a decentralized base layer on which other applications can be built. Bitcoin and Ethereum, according to Buterin, differ in the applications that they concentrate on. While Bitcoin’s predominant idea is to use payment solutions like the Lightning Network to build a store of value and a medium of exchange, Ethereum’s idea is to build applications with intelligent designs.

Furthermore, Buterin talked about the advantages of the Proof of Work (PoW) and referred to 2009 as the “golden age” of this consensus algorithm. Buterin stressed how important it was that the PoW allowed anyone with a computer to participate in Bitcoin mining. Otherwise, he said that this period ended in 2013 with the GPU and ASIC revolution. After the introduction of these, a user had to “have 10 million dollars” to participate in the network.

作者 : Reynaldo