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Topic: London hardfork (important upgrade of Ethereum) - page 2. (Read 240 times)

full member
Activity: 2142
Merit: 183
Yes, the London hardfork which is will take place tomorrow will be necessary for the ETH v2.0 and at the same time hopefully after the successful upgrade we can already enjoy lower gas fees. Something everyone is looking forward to.

On the other hand, ETH should also show a nice positive sentiment, and hopefully this event will act as an instigator to new ATH???
It seems there is a little spike on the price of ethereum today but I don't believe this hardfork is enough to bring a new all timehigh for the ethereum and people are expecting the complete roll over of eth 2.0 might do that job. If this hardfork actually reduces the fee then the new tokens may start emerging on it or else BSC is going to the place for upcoming projects.
Yes, we can already see a good rise in the price of ethereum today, and it is possible that this is due to the expectation of tomorrow's hard fork. Moreover, the price of ethereum has risen much higher than the price of bitcoin. So, now the price of bitcoin is $ 39,285, although the increase over the last day is about two percent, but over the week its price has dropped by 1.2 percent. The price of ethereum is now, according to CoinMarketCap, $ 2,663, an increase of 6 percent over the last 24 hours, and an increase of 15 percent over the week.
Of course, in the early days of the London hard fork, the positive results will not yet be seen. This effect will manifest itself over time.
sr. member
Activity: 1554
Merit: 413
...But the question is after those EIP's will be enabled/implemented what will happen to Ethereum Network? Since those proposals, or EIP's will change most of the functions on the Network? Anyway just asking!    
I'm not sure why you're even asking what will happen to the Ethereum chain when EIP means "Ethereum Improvement Proposals". Do we need to say it out loud that it will be improved? Improvements will depend on which issue they are fixing. There will be changes in the codes if that's the thing that you're asking.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Yes, the London hardfork which is will take place tomorrow will be necessary for the ETH v2.0 and at the same time hopefully after the successful upgrade we can already enjoy lower gas fees. Something everyone is looking forward to.

On the other hand, ETH should also show a nice positive sentiment, and hopefully this event will act as an instigator to new ATH???
It seems there is a little spike on the price of ethereum today but I don't believe this hardfork is enough to bring a new all timehigh for the ethereum and people are expecting the complete roll over of eth 2.0 might do that job. If this hardfork actually reduces the fee then the new tokens may start emerging on it or else BSC is going to the place for upcoming projects.
full member
Activity: 1820
Merit: 107
I hope the London hard fork will be implemented smoothly, for the sake of ETH V2.0 implementation, and also the important part is the ( EIP-1559 proposal) I hope it will be the answer to the expensive gas fees. that we are experiencing previously during peak trading hours, and if it was successfully implemented, I'm sure it will be a game-changer on the Ethereum network and also good for the Ethereum users as well.

But the question is after those EIP's will be enabled/implemented what will happen to Ethereum Network? Since those proposals, or EIP's will change most of the functions on the Network? Anyway just asking!   
legendary
Activity: 2030
Merit: 1189
Yes, the London hardfork which is will take place tomorrow will be necessary for the ETH v2.0 and at the same time hopefully after the successful upgrade we can already enjoy lower gas fees. Something everyone is looking forward to.

On the other hand, ETH should also show a nice positive sentiment, and hopefully this event will act as an instigator to new ATH???
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This is an important upgrade of Ethereum this year
This hard fork can create a new coin or not, subject to consensus and upgrade process(the possibility is not to create a new coin)
Enabled EIPs include: EIP-1559, EIP-3198, EIP-3529, EIP-3541, EIP-3554. Summary of the changes is listed:
 +Gas fee will include base fee and priority fee (EIP-1559). base fee is burned and priority fee for miners will be received.EIP-1559 will make transaction fees predictable even during peak trading hours.If blockchain utilization is greater than 50%, the base fee will automatically increase, and if the utilization rate is less than 50%, the fee will decrease.This is seen as the economic change model of blockchain.Considered one of Ethereum's most important updates.
 +Remove the refund when canceling contract(SELFDESTRUCT). This means gas tokens will no longer be active (EIP-3529).
 +New contracts that start with 0xEF will not be accepted (details: https://eips.ethereum.org/EIPS/eip-3541)
 +Delay Difficulty Bomb until December 1, 2021 (EIP-3554).
Countdown: https://etherscan.io/block/countdown/12965000?fbclid=IwAR0mqn_D23roJ5-hF8lXwQAafeFbHgv-ONmrEIhTgcrDtFn6cqxy0h5-kW8
These will "probably" affect the price of ETH.
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