Quick take: Earlier this week, an Ethereum transaction with a $2.6M fee shocked the crypto community. A second transaction from the same ETH address also paid $2.6M in Ethereum fees. Also in the same week, a third transaction from a separate ETH address paid $540,000 to send 3,221 in ETH. Ethereum Improvement Proposal 1559 aims to solve and reduce the rate of such incidences occurring in the Ethereum blockchain. This week has been a week of records in terms of […]
