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EIP-1559 Locked In With London Upgrade on August 4

The date is set. The upgrade, called London after Ethereum’s Devcon 1 location, includes the famous improvement proposal.  EIP-1559, as the upgrade is labeled, will go live at block number 12,965,000. The launch date is expected to be August 4. EIP-1559 will change Ethereum’s fee model so that each block will have a set “BASEFEE,”…
By: Owen Fernau •
EIP-1559 Locked In With London Upgrade on August 4

The date is set. The upgrade, called London after Ethereum’s Devcon 1 location, includes the famous improvement proposal.  EIP-1559, as the upgrade is labeled, will go live at block number 12,965,000. The launch date is expected to be August 4. EIP-1559 will change Ethereum’s fee model so that each block will have a set “BASEFEE,”…

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