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Author Topic: Hurray, Ethereum 2.0 brings Deflationary feature  (Read 141 times)
Balladtony77 (OP)
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April 06, 2020, 07:39:21 AM
 #1

99 percent of deflation tokens are in mess because all they offer is just the deflationary ability, as good as the feature is I've always think about how good a project would have been if it combined a very good use case and deflation ability in a single box, today I'm so happy that deflationary feature is coming to ETH 2.0, for all of those complaining about the max supply of Ethereum here is an answer, Ethereum is going places. Read full news below


https://coingape.com/ethereum-founder-vitalik-explains-to-critics-why-eth-2-0-will-be-a-deflationary-currency/amp/

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masterrex
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April 06, 2020, 01:22:49 PM
 #2

99 percent of deflation tokens are in mess because all they offer is just the deflationary ability, as good as the feature is I've always think about how good a project would have been if it combined a very good use case and deflation ability in a single box, today I'm so happy that deflationary feature is coming to ETH 2.0, for all of those complaining about the max supply of Ethereum here is an answer, Ethereum is going places. Read full news below


https://coingape.com/ethereum-founder-vitalik-explains-to-critics-why-eth-2-0-will-be-a-deflationary-currency/amp/
Is this true, Ethereum 2.0 has deflationary features, will if it is true I think it's a good choice to add it in the Ethereum 2.0 upgrade, I'm sure it will make a big boost to the Ethereum users and community because back then some investors are pointing out the problems of Ethereum coins total supply which is huge thats why I'm hoping that this new feature will solve the problems.
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April 06, 2020, 01:36:06 PM
 #3

The best of all, I've heard that the amount of new issued coins would be controlled to some degree to meet the demand of time. The nodes would probably vote about where they are going and they'll gain a small interest on their holdings as each node hold equal amount of coin. This would further make Ethereum practical and future proof than Bitcoin.
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April 06, 2020, 02:20:15 PM
 #4

I believe that the deflation model of the token is very relevant now, but such a token should also have limited emissions. Ethereum has endless emissions. they print their coins as much as they like and therefore deflation makes no sense under such conditions.






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April 06, 2020, 03:46:02 PM
 #5

99 percent of deflation tokens are in mess because all they offer is just the deflationary ability, as good as the feature is I've always think about how good a project would have been if it combined a very good use case and deflation ability in a single box, today I'm so happy that deflationary feature is coming to ETH 2.0, for all of those complaining about the max supply of Ethereum here is an answer, Ethereum is going places. Read full news below
https://coingape.com/ethereum-founder-vitalik-explains-to-critics-why-eth-2-0-will-be-a-deflationary-currency/amp/

When I read the article I did not see why it is titled as it is. Also I have no ideas does the title talks about Etehreum value deflation or of Etehreum number of coins deflation. As I remember from years ago, Etehreum was meant as a quite inflationary considering their coins issuing inflation.  Price inflation/deflation also depend on demand beside supply. Price of Etehreum will be deflationary only if more and more people will use Etehreum and the supply of freshly mined coins will be low.
aemma
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April 06, 2020, 05:26:21 PM
 #6

One of the things I see good about most projects is the ability to enhance services, upgrade to serve users more and bringing in more features which will help set the platform on another level of growth. Thus, if this is really put into action or better still into the upcoming upgrade, I think it will help better the Ethereum blockchain and that also shows there might be more to be expected from the upcoming upgrade. It is a matter of time, as all we can do is to wait while hoping all works out well.
Balladtony77 (OP)
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April 10, 2020, 03:27:58 PM
 #7

One of the things I see good about most projects is the ability to enhance services, upgrade to serve users more and bringing in more features which will help set the platform on another level of growth. Thus, if this is really put into action or better still into the upcoming upgrade, I think it will help better the Ethereum blockchain and that also shows there might be more to be expected from the upcoming upgrade. It is a matter of time, as all we can do is to wait while hoping all works out well.
Good point, this is what many top coins don't have and as for those talking about unlimited max supply saying the deflation won't have any impact should rethink now, vitalik can do the impossible

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April 10, 2020, 03:32:40 PM
 #8

One of the things I see good about most projects is the ability to enhance services, upgrade to serve users more and bringing in more features which will help set the platform on another level of growth. Thus, if this is really put into action or better still into the upcoming upgrade, I think it will help better the Ethereum blockchain and that also shows there might be more to be expected from the upcoming upgrade. It is a matter of time, as all we can do is to wait while hoping all works out well.
Good point, this is what many top coins don't have and as for those talking about unlimited max supply saying the deflation won't have any impact should rethink now, vitalik can do the impossible
There must be the main reason to make the token becomes deflationary. If ethereum will use some of the collecting fees from the its own blockchain and it may possible to be implemented as a deflationary token. We need to get more explanation about how this will work for sure. So many people are still having curiosity regarding this.

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April 10, 2020, 03:43:22 PM
 #9

Why do they need to make their token deflationary? Also, I am interested more in how this will work. Is there more or a clear article about it? As I know and can see from the market most of the deflationary token only offers this ability and they are not in very good shape right now. But ETH has many uses in the market so I hope this will bring a major change for the ETH market.

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April 10, 2020, 04:28:45 PM
 #10

Ethereum need to do all necessary upgrade and deploy every possible innovation to stay at the top of altcoins in the position of market. Deflamatory fearture not a bad idea, the supply of ethereum need to be controlled for the sake of its price stability and good growth. I have always avoided saving my fund in Ethereum because it doesn't yield good profit as one would expect on a good day.
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April 10, 2020, 05:23:01 PM
 #11

One of the things I see good about most projects is the ability to enhance services, upgrade to serve users more and bringing in more features which will help set the platform on another level of growth. Thus, if this is really put into action or better still into the upcoming upgrade, I think it will help better the Ethereum blockchain and that also shows there might be more to be expected from the upcoming upgrade. It is a matter of time, as all we can do is to wait while hoping all works out well.
Good point, this is what many top coins don't have and as for those talking about unlimited max supply saying the deflation won't have any impact should rethink now, vitalik can do the impossible
It seems there will be many unexpected surprises in the Ethereum 2.0 package, if truly there will be new deflation feature then finally we should be expecting a revealed of Ethereum max supply finally

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