1,000,000 Ethereum would have been burned in the past year if EIP-1559 was live
Ethereum users have faced extreme transaction fees over recent weeks and months. At one point, there were users paying $10-20 just to send ETH and ERC-20 tokens from address to address as the cost of gas spiked to 1,000 Gwei and beyond temporarily.
Nick Chong · 2 years ago · 2 min read