Polygon introduces EIP-1559 to have a deflationary effect on MATIC

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year is currently making headlines again. Ethereum sidechain network Polygon is in the news today after it incorporated the same update (EIP-1559) within its ecosystem. The ‘deflationary’ club  Folks, #EIP1559 is a few hours away from going live on the #Polygon … Read more

EIP-1559 Upgrades Are Going Live on Polygon Mainnet

The much-anticipated implementation of Ethereum Improvement Proposal 1559 is coming to the Polygon blockchain, bringing with it burning of the native MATIC token and better fee visibility. Known as the London hardfork, EIP-1559 went live on Ethereum mainnet in August last year and was one of the biggest changes in its history. After a successful … Read more

Polygon’s much-anticipated EIP-1559 upgrade live on Mumbai testnet

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rolling out a testnet implementation that could possibly hike MATIC by 3X in the current cycle. Roll-out Polygon, a layer-2 scaling solution taking inspiration from Ethereum … Read more

Why Ethereum is the ‘the smarter way to play’

Ethereum has been receiving a lot of positive encouragement lately, thanks to the development activity. It is no wonder then that venture capitalist Bill Gurley recently championed the use of Ethereum and praised the network’s community. In an interview with Bloomberg, the investor espoused Ethereum while clarifying that his support for the network is personal. … Read more

Ethereum: How has the upgrade actually made a difference

Ethereum’s EIP-1559 upgrade caused quite a stir in the crypto-verse and even helped pump the top alt’s price from under $2500 to $ 3,200. The hard fork took place on August 5. While in layman’s terms, the upgrade’s goal is to create a more secure, user-friendly, and scalable blockchain. It is set to make significant … Read more

Ethereum: Are you wrong to expect ‘changes’ from London

Ethereum is days away from one of the most important system upgrades since its inception. The London hard fork, the implementation of EIP-1559, is expected to completely change the monetary and economic model of Ether and its network. These changes are expected to take place after the commencement of the hard fork on 4 August. … Read more

New buyers beware: What Ethereum looks like ahead of the London hard fork

Ethereum has been in the headlines over the last week mostly because of its massive price gains. Today, the world’s largest altcoin is stirring up excitement in the community ahead of its much-anticipated London hard fork. It is going live in one week. Amid the already soaring prices of alts on the back of Bitcoin … Read more

Why this market leader says ‘that looks pretty good’ for Ethereum

Ethereum, which is the largest altcoin by market capitalization, had an interesting past week. The rally that started on 20 July after the coin bottomed out at $1,724 saw the price hike up by 25% during this time. Source: CoinGecko However, after the coin broke through the $2,000 level and rallied to a high of … Read more