EIP-1559 was first proposed by Vitalik Buterin and others almost 2 years ago in 2019. Many people say it will help with gas fees and make Ethereum much better. But it does not look like it will have that much of an impact as people hope and it will not get implemented until summer 2021.
đź”—Links:
EIP-1559 explained by Finematics: https://youtu.be/MGemhK9t44Q
Most recent EIP-1559 update: https://hackmd.io/@timbeiko/1559-updates/https%3A%2F%2Fhackmd.io%2F%40timbeiko%2F1559-update-007
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The information on the videos and discussions on the comments mustn’t be considered financial advice, for informational purposes only.
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