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ETH burning

cryptocurrency January 17, 2024

Péter Szilágyi, an Ethereum (ETH) developer, has lauded EIP-1559 and its ETH burning mechanism as “the great equalizer.” Taking to X on January 16, Szilágyi admired EIP-1559’s ability to “level the playing field between validators and regular users.” Advertisements Developer: EIP-1559 Is A “Great Equalizer” Since the implementation of EIP-1559, Ethereum adjusted how users bid gas […]

cryptocurrency March 28, 2023

Ethereum prices remain below $2,000 months after the network initiated EIP-1559, trackers on March 28 reveal. Advertisements Ethereum Prices Trending Below $2,000 ETH, the native currency of Ethereum, is currently trading at $1,717, stable on the last day and week but retracing from recent highs of around $1,850. The network has burnt over 3 million ETH from […]