Ethereum Detail
About Ethereum Detail
See Ethereum entry. Unlike Bitcoin, Ethereum has no hard supply cap but issues at a controlled rate. Ethereum processes about 15 transactions per second on the main chain. Layer 2 scaling solutions like Polygon, Optimism, and Arbitrum increase throughput. The Ethereum network hosts thousands of decentralized applications including DeFi protocols, NFT marketplaces, and DAOs. Gas fees paid in ETH compensate validators for processing transactions. Themerge to proof of stake reduced ETH issuance by approximately 90 percent.
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