1 / 1 Relevant items tagged with #Eip1559
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Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Ethereum Issuance Reduction Proposal Prompts Fierce Crypto Community Criticism
[Apr 2 4:31 AM] Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum…
Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559
[Feb 11 9:30 PM] Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed…
Developer Hails ETH Burning, Will Ethereum Break $3,000?
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
[Jul 16, 2023 10:00 AM] Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the…
‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork
[Mar 28, 2023 6:36 PM] Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12.
Ethereum Pinned Below $2,000 Despite Network Burning Over 3 Million ETH
[Mar 28, 2023 5:30 AM] Ethereum prices remain below $2,000 months after the network initiated EIP-1559, trackers on March 28 reveal. Ethereum Prices Trending Below $2,000 ETH, the native currency of Ethereum, is currently trading at $1,717, stable on the last day and…
Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
[Feb 20, 2023 1:00 PM] After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have…