Ethereum EIP 1559 Development Progresses as Gas Crisis Worsens

[Rakin343]

Developers are continuing to work on a crucial upgrade for the Ethereum network that should help alleviate the sky-high transaction prices that are currently plaguing it.

In the latest update from developer Tim Beiko, he reports that there have been more bug fixes in the large state testnet for EIP 1559. The testnet aims to re-create conditions similar to the Ethereum mainnet to test whether nodes can handle blocks that are ‘200% full.’

There have been more preparations for the next major network upgrade, dubbed Berlin, which will usher in a number of other EIPs including one which defines a new transaction type.
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