In the last eight years, Ethereum's (CRYPTO: ETH) rise has paved the way for entire new lucrative and burgeoning sectors of cryptocurrency like decentralized finance (DeFi). Unlike Bitcoin, which is resistant to major changes, Ethereum has a host of developers working on fine-tuning its code and even implementing new features. This upgrade introduced a new mechanism that would "burn" or permanently remove ether from circulation, effectively turning Ethereum into a deflationary asset.