The famous EIP-1559, one of the most anticipated updates for Ethereum and the entire cryptocurrency industry in 2021, is finally set to roll out on August 4. This update should change the fee structure of each transaction, making those fees less volatile while reducing the amount of ETH in circulation.
EIP-1559 is Ethereum’s most significant update, which is part of the London Hard Fork, proposed on block 12965000. Its…
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