What is EIP-1559?

You might have heard of EIP-1559 which is part of the London hardfork of the Ethereum codebase which is scheduled for August 4, 2021.

In this article, we summarize what you need to know about Ethereum’s upcoming upgrade.

Background

Ethereum in its current iteration is one of the most expensive blockchains to use, and users in recent months have been flocking to Layer 2…

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