Ethereum to MOON w/ EIP1559 🚀 (BIG 2021 JULY UPDATE)
I want to touch on the huge update that is coming to the Ethereum network in July 2021 called EIP 1559 and this update is huge, its going to affect our user experience with the Ethereum Network!
🍟Subscribe for more content! https://www.youtube.com/channel/UC2x-...
🍕Follow me here!
Twitter: / bodegaeats
Odysee: https://odysee.com/@Churro
🍔What do you guys think about EIP1559? LMK in the comments!
0:00 Intro
0:49 What is EIP 1559 and how does the system work
2:59 Why is EIP 1559 so IMPORTANT ( We need it so bad!)
4:17 The cost of high ETH transaction fees
4:37 ETH Miners don't like it, why?
5:27 ETH Price Prediction and outro
#EIP1559 #Ethereum #ETH #ETHblockchain #DeFi #NFT