tldr; Ethereum Enchancment Proposal (EIP-1559) will change the protocol’s financial system to make Ether a deflationary asset. The community will use commonplace flat charges referred to as ‘base charges’ and non-compulsory miner tricks to settle transactions. The bottom charges, paid in Ether, are burned after each transaction. This decreases the provision of Ether, which can seemingly affect the crypto asset’s value.
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