According to a blockchain data firm Dune Analytic, implementation of EIP-1559 proposal would have resulted in almost 1 million ETH burning The contentious Ethereum Improvement Proposal would have burnt 970,000 Ether (translating to over $360 million) in the last year, had it gotten approval. The proposal aimed to lower transaction fees on the network by … Continue reading Almost 1 million ETH would’ve been burnt had EIP-1559 been implemented