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Ethereum block reward reduction

Ethereum block reward reduction

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An alternate proposal was to adjusted to a base of difficulty calculation to effectively pause the difficulty between different blocks.

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Ethereum Block Rewards
In other words, triple halving will trigger the reduction of miner rewards from three ETH per block to one ETH every 12 seconds across all. ETC is expected to reduce production on May 1, when its block reward will be by 20% to ETC. In addition, since ETH is expected to switch to a PoS. The Ethereum Triple Halving is a unique process that involves a significant reduction in the block reward for Ethereum (ETH) from three (3) ETH to one (1) ETH.

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This mechanism involves burning a portion of each transaction fee under specific conditions. Socially, this block reward reduction event has taken the moniker of "the fifthening. Furthermore, the increased efficiency of the Ethereum network resulting from the Merge is expected to decrease the daily sell pressure on ETH that comes from miners. How Does It Work?