From 997ec1201cf5c0dec6639c247abc1324962111bf Mon Sep 17 00:00:00 2001 From: Joe Date: Tue, 26 Jul 2022 09:51:56 +0100 Subject: [PATCH 1/2] update index, revert intl changes --- src/content/developers/docs/intro-to-ether/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/src/content/developers/docs/intro-to-ether/index.md b/src/content/developers/docs/intro-to-ether/index.md index e0d4a255bb2..d508dfe6208 100644 --- a/src/content/developers/docs/intro-to-ether/index.md +++ b/src/content/developers/docs/intro-to-ether/index.md @@ -34,7 +34,7 @@ It is [common](https://www.reuters.com/article/us-crypto-currencies-lending-insi Minting is the process in which new ether gets created on the Ethereum ledger. The underlying Ethereum protocol creates the new ether, and it is not possible for a user to create ether. -Ether is minted when a new block is created on the Ethereum blockchain. As an incentive to build blocks, the protocol grants a reward in each block, incrementing the balance of an address set by the block producer. The block reward has changed over time, and today it is 2 ETH per block. After the merge issuance to each validator depends upon the amount of ether they have staked and their performance. +Ether is minted as a reward for each block proposed, and also at every epoch checkpoint for other validator activity related to reaching consensus. The total amount issued depends on the number of validators and how much ether they have staked. This total issuance is divided equally among validators in the ideal case that all validators are honest and online, but in reality it varies based on validator performance. About 1/8 of the total issuance goes to the block proposer, the remainder is distributed across the other validators. Block proposers also receive tips from transaction fees and MEV related income but these come from recycled ether, not fresh issuance. ## Burning ether {#burning-ether} From 7412787eeea7ffb767e41b8a49f647e78bf939da Mon Sep 17 00:00:00 2001 From: Joshua <62268199+minimalsm@users.noreply.github.com> Date: Mon, 1 Aug 2022 11:43:00 +0100 Subject: [PATCH 2/2] Update src/content/developers/docs/intro-to-ether/index.md --- src/content/developers/docs/intro-to-ether/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/src/content/developers/docs/intro-to-ether/index.md b/src/content/developers/docs/intro-to-ether/index.md index d508dfe6208..8b72d2eeaba 100644 --- a/src/content/developers/docs/intro-to-ether/index.md +++ b/src/content/developers/docs/intro-to-ether/index.md @@ -34,7 +34,7 @@ It is [common](https://www.reuters.com/article/us-crypto-currencies-lending-insi Minting is the process in which new ether gets created on the Ethereum ledger. The underlying Ethereum protocol creates the new ether, and it is not possible for a user to create ether. -Ether is minted as a reward for each block proposed, and also at every epoch checkpoint for other validator activity related to reaching consensus. The total amount issued depends on the number of validators and how much ether they have staked. This total issuance is divided equally among validators in the ideal case that all validators are honest and online, but in reality it varies based on validator performance. About 1/8 of the total issuance goes to the block proposer, the remainder is distributed across the other validators. Block proposers also receive tips from transaction fees and MEV related income but these come from recycled ether, not fresh issuance. +Ether is minted as a reward for each block proposed and at every epoch checkpoint for other validator activity related to reaching consensus. The total amount issued depends on the number of validators and how much ether they have staked. This total issuance is divided equally among validators in the ideal case that all validators are honest and online, but in reality, it varies based on validator performance. About 1/8 of the total issuance goes to the block proposer; the remainder is distributed across the other validators. Block proposers also receive tips from transaction fees and MEV-related income, but these come from recycled ether, not new issuance. ## Burning ether {#burning-ether}