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Tag: eth 2.0

EIP-1559 Explained

The London hard fork, Ethereum’s latest network upgrade, went live on Thursday 5th August at block height 12,965,000. This implemented a number of Ethereum Improvement Proposals (EIP) with the main focus on EIP-1559. A common misconception is that EIP-1559 will resolve the issue of high fees in times of network congestion. The issue…

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Ethereum 2.0: Everything you need to know

What is Ethereum 2.0? Ethereum 2.0 refers to a set of upgrades to the Ethereum blockchain that will make it more scalable, more secure and more sustainable. Currently the network is secured using a Proof-of-Work (PoW) consensus mechanism in which miners compete to solve complex mathematical equations using computational power to secure new…

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