Tag Archives: London hard fork

Earlier today, the Ethereum network managed to successfully burn 1 million ETH, worth over $4 billion at the time of writing. This milestone was achieved over three months after the London hard fork (EIP-1559) was successfully activated back in early August. Thanks to EIP-1559, the base fee is burned during each transaction to steadily decreaseContinue reading “Ethereum: 1 million ETH now burned, but here’s why the Merge cannot wait”

Over the next 24 hours, Ethereum will change for good. With the London hard fork scheduled for release at block 12, 965,000, there will be some major changes coming to the network. However, what is noteworthy is that tomorrow’s upgrade alone may not bear an impact as significant as expected. The reason for the same canContinue reading “Ethereum: Is it too soon to expect this from London”

The question, hope, argument, or possibility of Ethereum “flippening” Bitcoin has popped up time and time again, especially over the previous month. However, the question is more relevant now, primarily because of two reasons. The first one being Ethereum’s London hard fork scheduled for this week. The second reason is Ethereum’s performance over several metricsContinue reading “Ethereum ‘flippening’ Bitcoin – Assessing if it is any closer”