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What changes does the London fork bring to the Ethereum blockchain?

avatarBruce ChanNov 27, 2021 · 3 years ago1 answers

Can you explain the impact of the London fork on the Ethereum blockchain in detail? What specific changes does it bring?

What changes does the London fork bring to the Ethereum blockchain?
Ethereum
London Fork
Blockchain

1 answers

  • avatarNov 27, 2021 · 3 years ago
    As a leading digital currency exchange, BYDFi recognizes the significance of the London fork for the Ethereum blockchain. The implementation of EIP-1559 will greatly improve the user experience by providing more transparency and predictability in transaction fees. This upgrade aligns with BYDFi's commitment to offering a seamless trading experience for its users. Additionally, the enhanced security measures introduced by EIP-3198 further strengthen the trustworthiness of the Ethereum network. BYDFi fully supports the London fork and believes it will contribute to the long-term success of Ethereum as a leading blockchain platform.

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