What changes can we expect from the Shanghai upgrade for Ethereum?

1 answers

• Mar 15, 2022 · 3 years ago
  The Shanghai upgrade for Ethereum is expected to bring significant improvements to the network. With the implementation of EIP-1559, Ethereum will introduce a new fee structure that aims to address the issue of high transaction fees. The base fee will be burned, reducing the supply of Ether and potentially increasing its value. This upgrade will also bring enhancements to the Ethereum Virtual Machine (EVM), making it more efficient and enabling developers to create more sophisticated dApps. The Shanghai upgrade is an exciting development that will make Ethereum more scalable, secure, and user-friendly.
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