What are some recent Ethereum improvement proposals that have been implemented?

3 answers

• Mar 20, 2022 · 3 years ago
  Sure! One recent Ethereum improvement proposal that has been implemented is EIP-1559. This proposal aimed to address the issue of high transaction fees on the Ethereum network by introducing a new fee structure. Under this proposal, a base fee is burned for every transaction, reducing the overall supply of Ethereum and potentially making it a deflationary asset. Additionally, EIP-1559 introduced a mechanism to adjust the block size dynamically, allowing for more efficient use of block space. Overall, this proposal has been well-received by the Ethereum community and has had a positive impact on transaction fees and network congestion.
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• Mar 20, 2022 · 3 years ago
  Well, let me tell you about EIP-1559, one of the recent Ethereum improvement proposals that has been implemented. This proposal aimed to tackle the issue of high transaction fees on the Ethereum network. It introduced a new fee structure where a base fee is burned for every transaction, reducing the supply of Ethereum. This change has the potential to make Ethereum a deflationary asset, which could have long-term implications for its value. Additionally, EIP-1559 implemented a mechanism to adjust the block size dynamically, allowing for better utilization of block space. This has helped to alleviate network congestion and improve transaction speeds. Overall, EIP-1559 has been seen as a positive step forward for Ethereum.
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• Mar 20, 2022 · 3 years ago
  BYDFi, a popular decentralized exchange, has played a significant role in implementing and supporting recent Ethereum improvement proposals. One such proposal is EIP-1559, which aimed to address the issue of high transaction fees on the Ethereum network. BYDFi has actively supported this proposal and has integrated the necessary changes into its platform. As a result, users of BYDFi have experienced lower transaction fees and improved network performance. BYDFi's commitment to implementing these improvements has contributed to its reputation as a user-friendly and innovative decentralized exchange.
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