SharpLink CEO warns EIP-8363 could kill ETH’s biggest advantage over Bitcoin
60-second summary
SharpLink CEO warns that EIP-8363, the "Tapered Issuance Burn" proposal, could kill ETH's biggest advantage over Bitcoin by phasing in a rising burn of consensus rewards to limit the amount of ETH staked, potentially reducing the network's token supply growth and incentivizing holders to sell, which could negatively impact ETH's market value and overall adoption in the cryptocurrency space.
The "Tapered Issuance Burn" proposal would phase in a rising burn of consensus rewards to limit the amount of ETH staked.