242. Ethereum 'London' Upgrade Coming This Week | ETH Price Prediction 📈

Aug 3, 2021 · 14m 29s
242. Ethereum 'London' Upgrade Coming This Week | ETH Price Prediction 📈
Description

Ethereum will soon undergo a major software upgrade, code named London, that will trim the pace at which the supply of Ether tokens grows. A change called EIP-1559 will split...

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Ethereum will soon undergo a major software upgrade, code named London, that will trim the pace at which the supply of Ether tokens grows. A change called EIP-1559 will split up the roughly 13,000 new Ethers issued each day for miner payment “gas fees” into three parts. One of these, the minimal or base fee that users pay to process transactions, will now be removed from circulation in a process known as burning.

#ETH #Ethereum #Crypto
~Ethereum 'London' Upgrade Coming This Week | ETH Price Prediction 📈~
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