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Token Flow

Token issuance is the process of creating new tokens and adding them to the total token supply of a cryptocurrency

Block rewards & transaction fees together are the security budget

Ethereum: Issuance of enough reward to secure the network.

Bitcoin vs Ethereum

The move to proof-of-stake is an effort to reduce issuance to minimum amounts without sacrificing security.

Ethereum's minimum necessary issuance policy is enforced by a wide range of stakeholders within the ecosystem - including:

  • Developers
  • Community members
  • Ecosystem spokes/projects

Deflation