Ethereum’s London hard fork drops this week, and bundled with it is EIP-1559—an Ethereum Improvement Proposal that aims to address the network’s persistent issues with transaction fees.
It’s a significant change for the Ethereum network, and one that’s already got the markets a-flutter. But how’s the upgrade set to unfold, and what comes next for Ethereum users?
What is EIP-1559?
At its core, EIP-1559 aims to make Ethereum’s transaction fees less volatile and more predictable, removing the problem of people overpaying for transactions. It also helps to reduce uncertainty for users who don’t know if a transaction will be approved as a result of their gas prices being set below an accepted or expected rate.
What Is EIP-1559 and Why Are Markets So Excited About It?
EIP-1559 will not only help speed up wait times per transaction, but will also enable a more seamless experience for Ethereum’s global community and its layers of decentralized applications (dapps).
How does it work?
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Źródło: https://decrypt.co/77629/eip-1559-what-happens-next-for-ethereum
