Ethereum(ETH) transaction fee reduction may be applied first half this year

about 3 years ago

EIP-1559 is Ethereum Transaction fee (Network Fee) reduction proposal that is planned to apply this first half.
This could be done primarily by increasing block sizes.
Even though there seem to be opposite parties to this direction, most of giant mining pools are in positive on this amendment.

EIP-1559 may reduce miners’ earnings, who have invested and earned much profits from Ethereum blockchain.

Etherchain.org

Ethermine is against this new change and some of miners are trying to go through a bit tough actions using their mining power postion.

Stopeip1559.org

Some blockchain professionals are looking at this situation carefully. Maybe the miners and we all could not avoid the the big trend of ETH 2.0. If the new change fail, it could directly be related to ETH’s fail to be next stage evolution.

Posted Using LeoFinance ^Beta

leo leofinance neoxian busy palnet eth ethereum eip-1559

0.000

1 comments

@hivebuzz 74

about 3 years ago

Congratulations @harryji! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

	You published more than 300 posts. Your next target is to reach 350 posts.
	You received more than 3250 upvotes. Your next target is to reach 3500 upvotes.

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

0.000