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Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559

Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559
© Copyright Image: Crypto Breaking News

Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559, which changed how fees are calculated. EIP-1559 Burns [] Source: Bitcoin.com

The post Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559 appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/raging-inferno-over-3-of-all-ether-supply-has-been-burned-since-implementing-eip-1559/

Text source: Crypto Breaking News

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