Ethereum co-founder Vitalik Buterin has called the London hard fork a success.
Buterin announced that the successful deployment of the upgrade is “proof that the Ethereum ecosystem is able to make significant changes.” He added that the upgrade “Definitely makes me more confident about the merge.”
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CointelegraphMajor NFT Markets saw over $356M in Monthly Value Transferred for just the first week of August.
Currently the most prominent non-fungible token project is Cryptopunks. Statistics show the project has seen 1,018 sales worth over $166 million during the last week.
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Bitcoin NewsApproximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism, introduced in Ethereum’s London upgrade.
The highly anticipated upgrade went live on Thursday, adjusting gas fees and tweaking dynamic block sizes. That adjustment introduced a new mechanism that burns some of the base fees collected.
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Cointelegraph