Can ETH Become DEFLATIONARY? EIP 1559 Explained


So what is EIP-1559 a.k.a the fee burn proposal all about? Will it lower Ethereum’s gas fees? And how can it make ETH deflationary? We’ll answer all of these questions in this video.

EIP 1559 describes changes to the Ethereum fee model and it was put forward by Vitalik Buterin in 2019.

The proposal aims to achieve the following goals:
-making transaction fees more predictable
-reducing delays in transaction confirmation
-improving user experience by automating the fee bidding system
-creating a positive feedback loop between network activity and the ETH supply

Now, let’s see what the proposed change is all about.

📖 Post ► https://finematics.com/ethereum-eip-1559-explained/
🐦 Follow Finematics on Twitter ► https://twitter.com/finematics
💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics

🔒 Stay secure with a Ledger hardware wallet (20% off) ► https://shop.ledger.com/?r=b0b220a75e03 (you can use it with Metamask to interact with DeFi protocols)
🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac

Why I Day Trade Instead of Investing In Stocks

People who are looking at investing in stocks or learning how to day trade are really looking at a way to make high yield investments. This could be to help them have more money for their retirement, to help them pay down debt or to simply have more cash flow. The sooner you start to learn how to make smart investment decisions, the sooner your investments will start to pay off. Generally people who looked at investing in the stock market only really considered investing in shares. There is now a number of different investment options available since the internet took off. Lots of people are looking at different day trading instruments to help them reach their financial goals.

Learn Six Reasons Beginners Can Now Take Up Trading on The World’s Financial Markets Fast

So you know your nest egg can no longer offer you the retirement lifestyle you had hoped for and are joining the fast- swelling ranks of newbie market trading investors, but you are over-whelmed by the sheer scale of investment possibilities out there, or don’t know where to start. The good news is that help is at hand with a new and simple market strategy that even an absolute beginner can learn.

Japanese Candlestick Trading

Candlesticks provide unique visual cues that make reading price action easier. Selling and buying with Japanese Candle Charts allow speculators in an effort to better comprehend market sentiment. Offering a greater depth of information than traditional bar charts…

Multiple Time Frame Price Action – Reveals 5 Critical Keys For Success

Understanding price action is critical to trading success. Multiple time frame price action is a quantum leap forward in stack the odds of success in your favor.

Learn How to Reduce Your Trading Risk With Binary Betting and Binary Options

Markets often move remarkably quickly and this volatility especially in uncertain times can leave new traders with massive losses. There is of course an excellent alternative in the form of financial fixed odds trading and more especially products such as binary bets and binary options.

8 AM Trader Review

The Strategy has shown a return of 70 to 660 each week over an 11 week timeframe during May and August 2010 assuming a placement of 10 a point. In other words a 100 risk per trade based on the implementation of a fixed 10 point stop. There was not a single losing week during the above timeframe.

Picking Profitable Penny Stocks – 3 Basic Fundamental Tips to Pick Money Makers

Penny stocks are a high risk but certainly high reward investment. When you pick a winner and the shares begin moving,  gains can increase  hundreds of percentage points. Of course you can lose as well.

My Day Trading Strategy

My trading strategy is for directing me to find the right stocks each day; to perform proper due diligence analysis; to look for the best potential stocks for trading which have relatively smaller risk and greater reward; to decide on the size of entry position so as to know my maximize potential risk; and to determine where I should enter and exit a stock in order to minimize my loss when my initial prediction of stock direction is wrong and to maximize my profit when my initial prediction of stock trend is right. Take a look at…

Automated Forex Trading Software

Forex trading is one of the best part time activities one can do to increase their income. But one must understand the importance of Forex trading software to make things easier.

Binary Bets/Binary Options Versus Spreadbetting and Futures Trading

Those who trade the financial markets are becoming more aware of the advantages of binary bets/binary options which come from the financial fixed odds family of products. These products provide an excellent alternative to more familiar and more risky products like spread betting and futures. Firstly, Binary bets as they are known in the UK and Binary Options as they are known in the United States require a much smaller account size to start with.

You May Also Like