Ethereum’s inflation rate has come under the microscope heavily over the past year as Bitcoin has undergone its halving. Many Bitcoin-focused investors in the space criticize the number of changes made to ETH issuance, including the dissolution of the ice age (which increases issuance) and the implementation of Proof of Stake over Proof of Work.
Vitalik Buterin, founder of the blockchain, recently highlighted his thoughts on issuance and the supply of the cryptocurrency in a recent Reddit thread. He did so in response to a question asked of him in an Ethereum Foundation “ask me anything”.
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When asked about the maximum supply of ETH, Buterin responded by pointing out that Ethereum could actually be deflationary once the ETH2 upgrade is fully activated in a few years:
“The issuance schedule is ~4.7M per year for the next ~1-2 years or however