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Discover Crypto

Jun 30, 2021

Things behind the scenes are really starting to heat up for Ethereum. In fact, it's getting so hot that you could say it's BURNING. With the introduction of a new Ethereum upgrade and scaling solutions, Ethereum will not only be cheaper, faster, and easier to use, but it will also become “Ultra-Sound Money,” and spark a reduction in supply that many Ethereians are calling the Triple Halving.

Today we are talking about upgrades to Ethereum and the effect that these upgrades can have on the Ethereum network and its native asset. I'll outline the problems that ETH is currently experiencing and how ETH layer 2 solutions and upgrades aim to solve them. I'll explain EIP-1559 and what it means for the future of Ethereum.