Cryptocurrency Q&A
How much Ethereum gets burned?
How much Ethereum gets burned?
LitecoinLodestar
Sun Dec 29 2024
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7 answers
1495
I'm curious about the amount of Ethereum that gets burned. I want to know the quantity or rate of Ethereum being removed from circulation through the burning process.
7 answers
GangnamGlitzGlamourGloryDays
Tue Dec 31 2024
This figure represents a significant portion of the total ETH supply that has been permanently removed from circulation.
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Margherita
Tue Dec 31 2024
The implementation of EIP-1559 in June 2021 marked a significant change in the Ethereum network, leading to the burning of ETH.
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Margherita
Tue Dec 31 2024
Since the adoption of EIP-1559, a total of 4.36 million ETH have been burned, highlighting the impact of this protocol upgrade.
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KDramaLegendaryStar
Tue Dec 31 2024
The amount of ETH burned on the Ethereum network has been a topic of interest.
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Chiara
Tue Dec 31 2024
As of August 5, 2024, the total number of ETH burned since the beginning of the year stands at 465,651.
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