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What EIP 1559 Brings to the Ethereum Table

Source: Adobe/H_Ko Ethereum (ETH) is changing. Not only is it undertaking the gradual process of transitioning to a proof-of-stake (PoS) consensus mechanism, but it’s only a couple of months away from significantly revamping its monetary system, via Ethereum Improvement Proposal (EIP) 1559. EIP-1559 proposes to split Ethereum gas fees into two parts: a tip which can be set by a transaction’s…

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