Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Developers Think Ethereum’s “Ultrasonic Currency” Description Is Exaggerated: Is It?
ETHEREUM NEWS

Developers Think Ethereum’s “Ultrasonic Currency” Description Is Exaggerated: Is It?

By Crypto FlexsJanuary 11, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Developers Think Ethereum’s “Ultrasonic Currency” Description Is Exaggerated: Is It?
Share
Facebook Twitter LinkedIn Pinterest Email

The term “ultra-currency” has been thrown around quite a bit in the Ethereum (ETH) community, often describing the network’s potential to become a deflationary asset with better tokenomics than Bitcoin (BTC). Some supporters believe the story is well-founded, while others argue it is exaggerated and based on overly optimistic assumptions.

Is the Ethereum “ultrasonic currency” narrative overblown?

In a post posted on X by developer antiprosynesis.eth, Challenge The “ultrasonic currency” story, which they claim is often accompanied by jargon that can obscure the reality of Ethereum’s monetary policy. In particular, the analyst believes the narrative is a bit “excessive” and full of “pseudoscientific tricks” that could mislead the average user.

Ethereum vs Bitcoin issuance rate | Source: antiprosynesis.eth via X

Adopting a neutral view of antiprosynesis.eth, Ethereum’s monetary policy is designed to be sustainable, most importantly without the dangerous pitfalls of hyperinflation or excessive deflation. The developer claims that balancing token emissions is important.

In the case of Ethereum, this is achieved by burning a portion of the gas fee. After EIP-1559 went live in 2021, the first smart contract platform changed its bidding system, creating a system where the network sets a base fee along with an allowance that allows users to “tip” validators. The base fee is burned, leaving the network deflationary or, as researchers claim, unsustainable.

Ethereum price is trending upward on the daily chart |  Source: ETHUSDT on Binance, TradingView
Ethereum price is trending upward on the daily chart | Source: ETHUSDT on Binance, TradingView

In the case of Bitcoin, the network will continue to issue new coins to miners until all 21 million BTC have been distributed. It will be more than 10 years from now. To achieve this, the Bitcoin protocol halved the mining reward. In the early days of Bitcoin, miners received 50 BTC each time they confirmed a block of transactions. However, when the network is halved in April, miner rewards per block will decrease to 3.125 BTC.

On the road to sustainability, Ethereum issuance rate continues to decline

Comparing the two approaches, Ethereum developers note that each system has mechanisms to ensure that token economics are sustainable. The analyst added that the “ultrasonic money” narrative espoused by proponents may be exaggerated and, to some extent, an overly optimistic assessment of ETH’s deflationary capabilities.

As of January 10th, Ethereum has burned over 3.9 million ETH since the implementation of EIP-1559 based on Ultra Sound Money. data. During this period, the network issued more than 6.9 million.

ETH Burn |  Source: Ultrasonic Money
ETH Burn | Source: Ultrasonic Money

This confirms that Ethereum has been burning more ETH recently. It maintains some degree of inflation, like Bitcoin. Nevertheless, unlike Bitcoin, Ethereum’s issuance rate is steadily decreasing due to increased token burns.

Featured image from Canva, chart from TradingView

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025

Bitcoin is more than $ 104K as the merchant’s eyes move from H2 to $ 145,000.

June 20, 2025

Can Etherrium price return to $ 4,000? Analysts say that ETH should go beyond this support.

June 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025
Most Popular

Rare punks are sold for $ 2.1 million -do the NFT market rebound?

March 3, 2025

CryptoGames Leads $150 Billion Online Gambling Market

July 15, 2024

Private jet charter service Candy Jets now accepts Bitcoin payments.

May 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.