A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything.
Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything.
Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
>"For over two years now, EIP-1559 has been in active development. In that time, dozens of people and over five development teams have worked to specify, audit, _...Read More_
>"For over two years now, EIP-1559 has been in active development. In that time, dozens of people and over five development teams have worked to specify, audit, _...Read More_
"Ethereum app developers use Infura to connect to the blockchain.
Now, they'll be able to use Infura Transactions to potentially avoid high transaction costs."
"Ethereum app developers use Infura to connect to the blockchain.
Now, they'll be able to use Infura Transactions to potentially avoid high transaction costs."
The Ethereum network went through many Ethereum Improvement Proposals (EIPs), including EIP1559, altering its monetary policy by cutting the supply.
"Every cryptocurrency has a monetary policy. Monetary inflation of a crypto-asset injects _...Read More_
The Ethereum network went through many Ethereum Improvement Proposals (EIPs), including EIP1559, altering its monetary policy by cutting the supply.
"Every cryptocurrency has a monetary policy. Monetary inflation of a crypto-asset injects _...Read More_
>"It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued."
>"It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued."
''The daily issuance of the world's second largest cryptocurrency has gone negative for the first time since the Ethereum network's EIP-1559 upgrade.''
''The daily issuance of the world's second largest cryptocurrency has gone negative for the first time since the Ethereum network's EIP-1559 upgrade.''
"The upgrade changes Ethereum's monetary policy by burning part of the transaction fees in every new block that previously belonged to Ethereum _...Read More_
"The upgrade changes Ethereum's monetary policy by burning part of the transaction fees in every new block that previously belonged to Ethereum _...Read More_
>"On August 5th, 2021, Ethereum activated its London hard fork, one of the most anticipated upgrades to the network in years. Bundled in with other changes was EIP-1559, which addresses Ethereum gas…"
>"On August 5th, 2021, Ethereum activated its London hard fork, one of the most anticipated upgrades to the network in years. Bundled in with other changes was EIP-1559, which addresses Ethereum gas…"
"Since Ethereum's London upgrade was implemented — introducing the EIP-1559 fee burning mechanism — the network has burned a total of 100,000 ETH, worth $300 million, in just 20 days."
"Since Ethereum's London upgrade was implemented — introducing the EIP-1559 fee burning mechanism — the network has burned a total of 100,000 ETH, worth $300 million, in just 20 days."