EIP 1559

EIP 1559 is an Ethereum Improvement Proposal (EIP) proposed by Vitalik Buterin in 2018 to reform the Ethereum fee market. The two main features of this proposal are the target block size mechanism and the new fee model.

Polygon is testing deflationary Ethereum upgrade EIP-1559 in India

Polygon (MATIC) has decided to follow other deflationary networks like Ethereum and Binance Smart Chain (BSC). According to an announcement made…

4 years ago

Ethereum is Set to Become Deflationary after the London Hardfork Went Live

Ethereum (ETH) continues to be the talking point in the crypto community after the London Hardfork or EIP 1559 upgrade…

4 years ago

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