Polygon has now taken the Ethereum EIP-1559 upgrade live on its mainnet on block 23850000. The upgrade brings gas fee predictability, a deflationary system, a reduction in spam transactions, and…
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Polygon has implemented Ethereum’s EIP-1559 upgrade to its Mumbai testnet following community demand. Just like in Ethereum, the update brings predictable base charges, token burning, and reduced network congestion among…
The ETH burning mechanism by EIP-1559 will reduce the Ethereum inflation rate from 3.3 percent to under 2.65 percent. Ethereum ecosystem researcher trent.eth explains what led to the surge in…
Projects for this quarter include work on funding mechanisms, continued translation and focus on community growth The long-awaited London hard fork is set for August 4 and is expected to…
JPMorgan analysts said the demand for staking mechanisms will explode upon complete transition to Ethereum 2.0. JPMorgan: Attractive crypto staking yields could put the direct competition to traditional debt investment…
Developer Ryan Berckmans believes that despite Ethereum trading at $1,770, it has yet to receive the price boost that will come with EIP-1559. Berckmans claims that once the proposal integrates…
EIP-3368 proposes to raise the block reward to 3 ETH with gradual decay every quarter for the next three years to 1 ETH – a workaround to the drastic EIP-1559…
Ethereum’s miners aren’t happy with EIP-1559 which will drastically cut down the revenues they earn from gas fees. They plan on directing 51% hash power on April 1 to Ethermine,…