Ethereum Community Raises 43 ETH and $16.8K to Solve High ETH Fees

Quick take: Support for Ethereum Improvement Proposal 1559 is gathering traction. The ETH community is crowdfunding efforts to have it developed and implemented on the Ethereum blockchain. 43 ETH and $16,800 in DAI have been raised thus far. The EIP aims at solving the issue of high transaction fees such as the ones witnessed in mid June. The Ethereum community has crowdfunded 43 ETH and $16,827 in DAI towards the development and possible implementation of EIP1559. The latter is an […]