Metacartel Ventures partner: Ethereum 2.0 or create the biggest social economic transformation

According to CryptoSlate, Metacartel Ventures partner Adam Cochran said on Twitter that the Ethereum 2.0 upgrade will almost certainly limit the supply of ETH, while increasing demand, leading to Price increased. Cochran paid special attention to two factors: 1. The supply inflation rate of ETH will be reduced by more than 50%: According to Vitalik Buterin (V God), the introduction of Ethereum 2.0 will replace the current PoW (mining) model used in blockchain, which will significantly reduce the supply inflation of ETH The rate is over 50%. 2. The basic demand of ETH will increase: As the Ethereum 2.0 blockchain is faster and more adaptable, Cochran expects that the gas demand of ETH will increase: “With the release of Ethereum 2.0, we will see a significant increase in ETH transactions, so its Business and consumer viability will also increase. Gas jams, high transaction costs, and long waiting times in DApps will disappear, even in a busy market. ” Cochran therefore concluded that Ethereum 2.0 is likely to create “the biggest economic transformation in society”.

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