Web Stories Wednesday, August 5
Ethereum Proposal to Slash Staking Rewards Sparks Backlash

A group of six Ethereum researchers and developers, including Ethereum Foundation’s Justin Drake, has proposed changing the network’s issuance policy to cut validator rewards more sharply as the proportion of staked ETH rises. The draft, called the Tapered Issuance Burn and currently being assigned the provisional number EIP-8363, would burn an increasing fraction of validators’ consensus rewards as the amount of staked ETH approaches a fixed threshold of 60.25 million ETH (around 50% of the current…

United States

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Missouri voters overwhelmingly reject abolishing state income tax

Missouri voters rejected a ballot measure in Tuesday’s primary election that would’ve abolished state income taxes.While nine states have phased out individual income taxes, Missouri voters apparently feared an increase in other forms of taxation to make up for the revenue loss. The measure, Amendment No. 5, was rejected by…

Politics

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Business

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Lifestyle

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