I have a 4th generation (iirc) basic Kindle which I bought new. My mom has a newer, also basic, Kindle that is now one year old, also bought new. The screen of her Kindle looks lighter / whiter than mine, and the writing feels darker/blacker. Is it because the e-ink technology improved, or did my Kindle lose contrast with use/age? I don't remember thinking my screen was too grey when my Kindle was new, and now I do because I've seen a better one xD The contrast on my Kindle is definitely (still) good enough to read, or I wouldn't be asking.
TL;DR : can e-ink lose contrast?