The economic incentives related to network security are impacted by these reduced charges. In contrast, Bitcoin has maintained a hash power output of 100 exahash per second (EH/s) following its most recent halving event, which is attributed to the decline in hash prices. This emphasizes the intricate equilibrium between guaranteeing affordability for users aiming for widespread acceptance and offering sufficient compensation for validators, all the while enhancing Ethereum’s monetary policy and transaction cost framework.