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Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021 - Vimarsana News

Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021

Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021 Reading Time: 3min read High gas prices are a thorny subject for the Ethereum community. The issue gained widespread coverage during the summer of DeFi when demand and network usage were sky-high, resulting in less than palatable charges. Ethereum Improvement Proposal (EIP) 1559 is touted as a solution to the problem, but it wasn’t clear whether it would see a rollout. However, an update from the dev team indicates it could be coming out in 2021. Ethereum Gaining Ground Against Bitcoin An amazing week for Ethereum sees its pr...