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Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021 – Cryptomerch.biz

Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021

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 price exceed the previous all-time high, set back in January 2018. Despite not closing the daily above that level, the momentum is still very much with the leading

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