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Ethereum Poised To Become a Deflationary Asset As EIP 1559 Gets Approved for July – The Daily Hodl

A highly-anticipated update that overhauls the controversial Ethereum fee market gets the green light as it is now included in the leading smart contract platform’s…

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A highly-anticipated update that overhauls the controversial Ethereum fee market gets the green light as it is now included in the leading smart contract platform’s next major hard fork.
In a call on Friday, members of Ethereum’s All Core Developers have agreed to package EIP-1559 for the London hard fork which is happening in July.
Tim Beiko, the lead coordinator of EIP-1559, highlights that the fee market restructure proposal is at a point where major technical issues are already addressed.
“I…

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