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When does Ethereum issue additional shares every year (Ethereum’s annual increase)

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When does Ethereum issue additional shares every year

When does Ethereum issue additional shares every year when does Ethereum issue additional shares every year? Ethereum is one of the most popular blockchain protocols in the world. It will upgrade token distribution every four years. The original goal of Ethereum was Ethereum 2.0, but now a series of updates such as Ethereum 1.0 and EIP-1559 have been achieved. On November 13, 2017, Ethereum started its second hard bifurcation after the first hard bifurcation (that is, at the beginning of 2018). At that time, the version only had one code modification: ETH1, ETH2, and a new consensus mechanism. This network divergence led to the price of the merged Ethereum rising by about 20%. However, with the halving of Ethereum in 2019, the price of Ethereum still fell a lot, because no one had bought the newly issued Ethereum before the first quarter of 2020. So far this year, the price of Ethereum has not fluctuated significantly. However, this year’s growth has indeed been promoted. Some members of Ethereum community believe that Ethereum will not increase significantly before the end of 2019, but this is good news for the whole industry. So since December last year, we have been paying attention to the future development roadmap of Ethereum, including whether to partition next year, how to increase the block size, and the production increase plan for the year before and after 2021

One year growth of Ethereum

Editor’s note: This article is from the Caiyun blockchain (ID: cybtc_com), and Odaily Planet Daily is authorized to reprint it

In the bull market in 2020, the annual growth rate from Bitcoin to Ethereum has exceeded 10 times. In 2017 and early 2018, the price of Bitcoin was about $3000, but with the rise of DeFi boom and a series of good news such as the launch of ETH2.0, the price of Ethereum rose rapidly. Since this year, the market has been around Ethereum. Cryptocurrency such as Ethereum, EOS and XRP have all seen good growth recently, but the recent performance of Ethereum is far less than that of Bitcoin. According to data from CoinMarketCap, so far, the total transaction volume of Ethereum is about 344 million dollars. Since 2019, the number of daily active addresses of Ethereum has increased to nearly 1 million

Although the price trend of Ethereum is not satisfactory, it has attracted many investors with its decentralized characteristics. On January 12, Ethereum reached a new high of more than $140, the highest point since January 1, 2018 to May 30, 2021. In early February, ETH prices began to plummet, and then returned to above $150. At the end of 2017, after the price of Bitcoin broke through the $300 barrier, the price continued to decline. At the end of February, when the price hit $130 again, ETH began to decline. However, just two weeks ago, the asset finally broke the $180 mark. At that time, the price of ETH also reached over $120

Subsequently, the price of Ethereum rebounded slightly and reached a high of around $13 in mid June. In the following week, the price of Ethereum almost doubled. Up to now, the price of Ethereum has soared more than 100%, reaching $148, only 30% lower than the peak in July last year. In addition, in the past month, DApp activities on the Ethereum chain continued to rise. At present, more than 40 applications have run Ethereum smart contracts, processing millions of transfers every day; The most popular application is Ethereum domain name service, including Metamask wallet, NanoS, etc. These applications are all using blockchain technology to store data, validate and transmit digital information, and achieve faster and low-cost payment transactions through the network. In the third quarter of 2020, the locked value of Ethereum network nearly doubled to $1.9 billion. The total market value of Ethereum increased by $2 billion in the first three quarters of 2020.

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