A Crypto reminder – Major Ethereum update scheduled today, Thursday 5 August 2021

A Crypto reminder – Major Ethereum update scheduled today, Thursday 5 August 2021

I posted on this earlier but repeating now as the day has arrived. 

In very brief, Cryptocurrency Ethereum is the second-largest blockchain network, and it will be getting an update, known as Ethereum Improvement Proposal (EIP) 1559, that will 

  • significantly alter the way transactions are processed
  • reduce the supply of the ether token

Price update:

I posted on this earlier but repeating now as the day has arrived. 

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