Ethereum developers: Ethereum EIP-1559 may be launched in the "London" fork in July

Ethereum developers: Ethereum EIP-1559 may be launched in the "London" fork in July

According to BlockBeats, Ethereum developer Ryan Berckmans tweeted on February 22 that Ethereum EIP-1559 may be launched in the "London" fork in July. It is reported that EIP-1559 attempts to reduce transaction fees by introducing fixed fees and destruction mechanisms. It was first proposed by Vitalik Buterin in 2018 and is expected to make the fee market of the Ethereum blockchain more predictable and relieve congestion. However, miners have different opinions.

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