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Understanding Ethereum: EIP 1559 & The Merge

Understanding Ethereum: EIP 1559 & The Merge

What Is It & Why Does It Matter?

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Shawn Amick's Newsletter
Jul 18, 2021
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Understanding Ethereum: EIP 1559 & The Merge
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EIP (Ethereum Improvement Proposal) 1559 is the start of a new monetary policy for Ethereum and looks to change the landscape of crypto, smart contracts, and blockchain technology. It’s up to you to decide if that change is for the better.

What is EIP 1559?

“A transaction pricing mechanism that includes fixed-per-block network fee that is burned and dyna…

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