Ethereum (ETH), the second-largest cryptocurrency by market cap is nearing one of the most important updates with London Hardfork in the form of EIP-1559. Anthony Sassano, the co-founder of Github revealed a tentative date for the hardfork implementation during a Twitter interaction. Sassano said the hard fork could commence on August 4 but may get delayed by a week or two depending on different factors.
Hoping for August 4th myself but it could be pushed out a week or two from that date depending on various factors.
— Anthony Sassano Ξ (@sassal0x) July 5, 2021
EIP-1559 was approved in March this year despite miners’ reservations and promises to resolve a long-standing gas gee problem on the Ethereum blockchain. The gas fee problem hit the ETH market at the peak of the bull run that made many Dex protocols barely usable.
EIP-1559 is a proposal to make Ethereum transactions more efficient by using a hybrid system of base fees and tips to more evenly incentivize miners in periods
Źródło: https://coingape.com/guthub-founder-reveals-tentative-date-ethereum-eth-london-hardfork/
