What are the potential implications of EIP 1559 for miners and users of cryptocurrencies?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we believe that EIP 1559 has the potential to bring significant improvements to the Ethereum network. While it may have some short-term implications for miners, we expect that the long-term benefits, such as improved user experience and reduced fee volatility, will outweigh any initial challenges. As a decentralized exchange, we are committed to supporting the Ethereum community and adapting to any changes brought by EIP 1559. We believe that this upgrade will contribute to the overall growth and development of the cryptocurrency ecosystem.
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