What are the key features of the ETH Shanghai upgrade?

3 answers

• Nov 26, 2021 · 3 years ago
  The ETH Shanghai upgrade introduces several important features that aim to enhance the Ethereum network. One of the key features is the implementation of the Ethereum Improvement Proposal (EIP) 1559, which changes the fee structure of transactions on the network. This upgrade aims to make transaction fees more predictable and reduce congestion on the network. Additionally, the upgrade includes the introduction of EIP-3198, which improves the efficiency of contract execution on the Ethereum Virtual Machine (EVM). These features, along with other optimizations and bug fixes, contribute to a more efficient and user-friendly Ethereum network.
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• Nov 26, 2021 · 3 years ago
  The ETH Shanghai upgrade brings significant improvements to the Ethereum network. One of the main features is the introduction of EIP-1559, which changes the way transaction fees are calculated and paid. This upgrade aims to make transaction fees more fair and predictable, benefiting both users and developers. Another key feature is the implementation of EIP-3198, which optimizes the execution of smart contracts on the Ethereum Virtual Machine. These improvements will enhance the overall performance and scalability of the Ethereum network, providing a better user experience for all participants.
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• Nov 26, 2021 · 3 years ago
  The ETH Shanghai upgrade, which is being implemented by the Ethereum community, introduces several important features. One of the most notable features is the implementation of EIP-1559, which aims to improve the user experience by introducing a new fee structure for transactions. This upgrade will make transaction fees more predictable and reduce the complexity of fee calculations. Additionally, the upgrade includes the implementation of EIP-3198, which optimizes the execution of smart contracts on the Ethereum network. These features, along with other enhancements and bug fixes, will contribute to a more efficient and reliable Ethereum network.
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