Ethereum

Can it Overtake Bitcoin?

Photo by Thought Catalog on Unsplash

Ethereum traders are keenly focused on data from the underlying Ethereum blockchain’s new upgrade, known as the London hard fork — and the potential for the changes to diminish the cryptocurrency’s supply growth. Under Ethereum Improvement Proposal 1559, a component of the London upgrade that’s usually shorthanded as EIP 1559, base fees paid to transact on the blockchain get “burned,” suggesting they…