Timeline for ETH 2.0: Is the ether received by validators as a reward for their efforts considered new ether issuance?
Current License: CC BY-SA 4.0
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when toggle format | what | by | license | comment | |
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Aug 29, 2022 at 16:27 | comment | added | Rémy Roy | Transactions tips (fees minus burnt) is currently sent to the miners. Post-merge, they will be sent to validators since validators will be the ones securing the network and replacing miners. Transactions fees is something transaction users/creators need to pay for using the network. The transactions fees are not created out of nothing like rewards are. The transactions fees are deducted from the transactions users/creators wallet. | |
Aug 29, 2022 at 15:52 | vote | accept | StatsScared | ||
Aug 29, 2022 at 15:52 | comment | added | StatsScared | Thanks for the clear response and additional resources. A related question is on transaction fees. I know that some of the user transactions fees go to miners. Are these transaction fees going to miners "new ether" or is it old ether being given to miners as part of tips or other fees? | |
Aug 29, 2022 at 14:45 | history | answered | Rémy Roy | CC BY-SA 4.0 |