Tag: gas fee

The introduction of EIP 1559 has reduced the Ethereum Transaction Costs by a considerable amount, however, it still keeps fluctuating. Also, network congestion during a high volume of transactions can make the transaction costs go higher. So how do you ensure that you select the Transaction Cost most suited for you? To understand how we can manage...

The cryptocurrency ecosystem was agog when the Ethereum Improvement Protocol (EIP) 1559 went live last week. The EIP 1559 upgrade, also called the London Hardfork introduced a few improvements into the Ethereum blockchain which prior was notably plagued with congestion and high network fees. Prior to the launch of the hardfork, users engage in a The post Is Ethereum’s Gas Fee Improved Now...

The Non-Fungible Token (NFT) market is...

Following a breakout year for decentralized finance (DeFi), the nascent sector has demonstrated that it can handle traditional financial services such as lending, borrowing, and trading with aplomb. It has also delivered unique and highly profitable financial instruments, such as proof liquidity mining. The question now is, "what comes next?" While it’s easy to get swept up in all the goodwill and hyperbole...

Ethereum Improvement Proposal (EIP)- 1559 is officially approved to be included in the upcoming London HardFork this July. The proposal was...

With Ethereum transaction fees off the chart again, there has never been a better time to roll out more Layer 2 scaling solutions, and Optimism will be next with its upcoming mainnet trial. Optimism, a primary Ethereum Layer 2 developer, has stated that it expects to release its preliminary mainnet on January 15 in conjunction with DeFi protocol Synthetix. The trial run will...

The native token of Layer 2 scaling platform Loopring is the only thing outperforming Ethereum today as transaction fees skyrocket along with ETH prices. With Ethereum prices hitting a three-year high of $1,100 during trading on Monday morning, transaction fees have followed suit, surging to their third-highest recorded levels. According to...

Ethereum, the second-largest cryptocurrency by market cap rose by more than $400 on December 4th to record a new...

Nadav Hollander, cofounder and CEO of Dharma, discusses the war currently being waged between Uniswap and SushiSwap, how this is driving up fees on Ethereum, and how Dharma's product can get around them. In this episode we discuss: why he conceptually supports SushiSwap and fair launch coins...