Ethereum network burns $395K ETH per hour after London upgrade

by Aurelia Butler 7 August 2021, 10:00 189 Views

The highly anticipated London hard fork went live on Thursday this week, ushering in the Ethereum Improvement Proposal (EIP) 1559 upgrade that adjusted gas fees. Part of that adjustment introduced a mechanism that burns some of the base fees collected.

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Source: Cryptocurrency - investing.com

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Ethereum network burns $395K ETH per hour after London upgrade

Xiaomi denies involvement in shop accepting Bitcoin in Portugal

MEXC Partners With Alchemy Pay to Integrate Crypto-fiat Onramp

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