Ethereum has a lot of issues, one of those is the high gas fees. An upcoming upgrade, the EIP 1559 hard fork, could solve a lot of these. What is this exactly and why could this cause a big price explosion for ETH? Let’s find out!

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0:00 Intro
1:02 $1500 giveaway
2:01 What is an EIP?
2:45 What are the problems with ETH?
6:49 EIP 1559 improvements
11:50 Impact on ETH price

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37 replies
  1. VET 2Moon
    VET 2Moon says:

    The thing that I am asking myself here: If ETH becomes deflationary and the price rises over time, the transaction costs would rise too. This would lead to a similar situation as right now. What do you think Quinten?

    Reply
  2. Blake M
    Blake M says:

    Btw quinten, Iโ€™ve gotten a little payback for you on those scammers that keep impersonating you. Iโ€™ve gotten them to give me 3 real U.S bank accounts and Iโ€™ve reported them all to the FEC and the banks directly for fraud ๐Ÿ˜

    Reply

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