Tag: Ethereum

Ethereum 2.0: What do we expect from EIP 1559?

Here’s good news for ETH community: EIP 1559 will be implemented this July. But what are EIP 1559 upgrades and how does it affect the market?

In this article, we will dive deep into EIP 1559 and how it works to explain some common misconceptions about EIP 1559 upgrade.

Remember that Ethereum is an open and decentralised public network, which means that its records are not withheld by a central authority.

Ethereum is going to move from the Proof of Work to Proof of Stake by July. But what is Proof of Work? And what is the reason for its replacement?