Ethereum Foundation researcher Justin Drake has ignited controversy by claiming Ether (ETH) will soon become 'ultra sound' money due to decreasing issuance, while Bitcoin (BTC) is 'cooked' as it approaches its 21 million supply cap. Drake argues that for ETH to regain its soundness, either its issuance must decrease or its burn rate must increase. Following the Merge in 2022, ETH's issuance turned deflationary but has increased since April 2024 due to reduced layer-2 network fees. Drake presented a comparison showing that Bitcoin's supply has grown at a rate of 0.83% annually, significantly faster than Ethereum's. He expressed concerns about Bitcoin's long-term security due to its reliance on block rewards for miner revenue. However, BTC proponents countered that various factors, including energy advancements and mining efficiencies, will enhance Bitcoin's sustainability. They argue that as Bitcoin gains reserve status, high fees will be inevitable, similar to gold storage costs. Drake also acknowledged Ethereum's challenges, suggesting a 'Croissant Issuance' model to address issues with staking and systemic risks.

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