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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: ramarajs14 on August 05, 2021, 02:51:16 PM

Title: Ethereum London hard fork goes live
Post by: ramarajs14 on August 05, 2021, 02:51:16 PM

The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset.

Ethereum London Hard Fork seems to be taking the entire crypto space and its environs on a different level. Read more details.

source: Ethereum London hard fork goes live (https://coinquora.com/ethereum-hard-fork-big-day-for-crypto-community/)

Title: Re: Ethereum London hard fork goes live
Post by: Senin on August 05, 2021, 04:44:07 PM

Well, we have been expecting this event for a long time and now we will observe the positive changes that should gradually accumulate after this in the ethereum network. First of all, we are talking about the final elimination of the problem of high transaction fees and their partial burning, as a result of which the ethereum network will gradually become deflationary. Therefore, the ethereum price should grow steadily in the future.
Already now we can observe that over the past day the price of bitcoin has dropped by 1.5 percent, and over the week it has fallen by 3.5 percent, while ethereum has grown by 6 percent over the past day, and over the week its price has increased by 20 percent.