More Ethereum Has Been Burned Than Minted in the Past 24 Hours

Decrypt | Jeff Benson | Sep 3, 2021 EIP-1559 was supposed to bring deflationary pressure to the network. It's working. In brief EIP-1559 was a code change that allowed transaction fees to be burned. That's placed deflationary pressure on Ethereum. The pressure has helped raise the price of ETH. When EIP-1559 was introduced to Ethereum

The post More Ethereum Has Been Burned Than Minted in the Past 24 Hours first appeared on National Crowdfunding & Fintech Association of Canada.