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Ethereum News

Nansen CEO: Currently over 90% of Ethereum transactions use EIP-1559

July 26, 2022
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Nansen CEO Alex Svanevik tweeted that over 90% of ETH transactions currently use EIP-1559.

It is reported that EIP-1559 was first proposed by Vitalik Buterin, the founder of Ethereum, in 2018 and implemented in August last year, aiming to reduce transaction fees by introducing fixed fees and a destruction mechanism.

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