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How will the Metropolis update impact the Ethereum network?

avatarIgriegaDec 26, 2021 · 3 years ago1 answers

What are the potential effects of the Metropolis update on the Ethereum network? How will it change the way Ethereum operates?

How will the Metropolis update impact the Ethereum network?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a representative from BYDFi, we believe that the Metropolis update will have a positive impact on the Ethereum network. It will address some of the scalability and usability issues that have been hindering its growth. The introduction of EIP 1559 will make transaction fees more predictable and user-friendly, which will encourage more users to adopt Ethereum for their decentralized applications and transactions. The upgrade to the EVM will also improve the overall performance and security of smart contracts, making Ethereum a more reliable platform for developers. Overall, the Metropolis update is a step in the right direction for Ethereum and will contribute to its long-term success.