The ethereum upgrade which will destroy coins is happening August 5. Here are 4 things you need to know. | Currency News | Financial and Business News

The ethereum network runs the ether cryptocurrency, the second-biggest after bitcoin.

A hotly anticipated upgrade is coming to the ethereum network on Thursday, which will change the way transaction fees work and start to destroy coins. It had been scheduled for August 4, but was delayed slightly.

The change is technically known as Ethereum Improvement Protocol 1559, or EIP-1559, and will be included in a network upgrade called the “London hard fork.”

Here are four…


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