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Ethereum World News 2021-03-07 11:12:36

Ethereum’s EIP-1559 & Stimulus Checks Could Send ETH Back Above $2k

Quick take: Ethereum’s EIP-1559 is scheduled for implementation this July during the London hardfork EIP-1559 includes the implementation of a BASEFEE that will be burnt with each transaction Burning of the BASEFEE makes Ethereum a deflationary asset EIP-1559 coupled with incoming $1,400 stimulus checks, could send Ethereum back above $2k Ethereum’s EIP-1559 is scheduled for implementation this July alongside the London hard fork. EIP-1559 is designed to solve the issue of high fas fees experienced on the Etheruem network during […]

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