One Month Post Merge – Where Are We Now?

October 23, 2022

Transactions now consume 0.03kWh, as opposed to the previous 0.04kWh. CO2 emissions have decreased from ~11M tons to ~870 tons.
Ethereum became deflationary during the Merge for a short time, burning about 200 ETH. Last week ETH became deflationary again!
The network has faced a couple issues with attacks and censorship, but has been resolved by the Ethereum Foundation.

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TAGS:

Crypto market, crypto news, cryptocurrency, Ethereum

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