Ethereum’s high gas fee crisis won’t be solved by EIP-1559: Coin Metrics report
Consistently full blocks are the primary reason that gas prices have reached all-time highs. Go to Source Powered by WPeMatico
EIP-1559
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New EIP hopes to quell tensions between Ethereum’s miners and developers
A new Ethereum Improvement Proposal could offer a path to compromise between Ethereum’s miners and developers, but few in the community appear to support the EIP. Go to Source Powered by WPeMatico
Ethereum miners plot hash-power ‘show of force’ against EIP-1559
In protest of the upcoming implementation of EIP-1559, some Ethereum miners are organizing to redirect hash power to a 1559-opposed pool for 51 hours. Go to Source Powered by WPeMatico
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled. Go to Source Powered by WPeMatico
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user. Go to Source Powered by WPeMatico
Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale
Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price. Go to Source Powered by WPeMatico
Almost 1M Ether would have been burnt in past year if fee proposal approved
The long awaited EIP-1559 would have seen almost 1 million ETH burnt in the last 365 days if it had been implemented, but miners are yet to get on board. Go to Source Powered by WPeMatico
Ethereum’s fees higher than Bitcoin’s for a record two straight months
The Ethereum network has taken more in fees than Bitcoin for a record streak, but a fee reform proposal faces an uphill battle. Go to Source Powered by WPeMatico
