Wildfire: Since Introducing EIP-1559, More Than 3% of All Ether Supply Has Burned
Since the August 2021 London upgrade, Ethereum has lost a sizable portion of its supply. Since the implementation of EIP-1559, which altered the way fees are determined, more over 4 million ether (3.2%) have been withdrawn off the network, according to ultrasound.money, a portal that keeps track of various information related to the ETH burn. … Read more
