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$830M Burned: A Month Into EIP-1559

It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued. The upgrade promised more predictable gas fees,  an improved user

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ETH Burns and a Price Surge After EIP-1559 Executes

The Ethereum market is on fire, at least proverbially speaking. Over the first eight hours since EIP-1559 was implemented, thus changing the transaction fee mechanism of Ethereum, 2,458 ETH, or $6.9M at ETH’s current price of around $2.8K, had been burned.  The proposal, which went

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The Math Behind a Deflationary ETH After EIP-1559

There’s a bullish case for ETH, and it’s being defined by terms such as ultrasound money, triple-halving, and deflationary asset.  Ethereum’s London hard fork is set to execute on August 5 and the included EIP-1559 upgrade has been hailed by many as a game changer

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What Will Change for Users and Developers After EIP-1559

Ethereum’s London hard fork upgrade, one of the biggest changes to the world’s most active blockchain, is slated to go into effect tomorrow August 5. With anticipation building about its effect on ETH and gas prices, here’s what users should expect. First and foremost, if

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Here’s How EIP-1559 Changes the Economics of Ethereum

Defiers may be a disparate, opinionated bunch but there is one thing we can all agree on — Ethereum gas prices are a real drag.  Just look at what’s happened over the past few months. Gas prices have ping-ponged all over the place, turning off

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