Ethereum London upgrade in 2021
GPTKB entity
Statements (21)
Predicate | Object |
---|---|
gptkbp:instanceOf |
blockchain network upgrade
|
gptkbp:appliesTo |
gptkb:Ethereum
|
https://www.w3.org/2000/01/rdf-schema#label |
Ethereum London upgrade in 2021
|
gptkbp:implementedIn |
5 August 2021
|
gptkbp:includesEIPs |
gptkb:EIP-1559
gptkb:EIP-3198 gptkb:EIP-3529 gptkb:EIP-3541 gptkb:EIP-3554 |
gptkbp:namedAfter |
gptkb:London,_United_Kingdom
|
gptkbp:networkBlockNumber |
12,965,000
|
gptkbp:notableFeature |
changes to gas fee structure
introduction of base fee mechanism partial burning of transaction fees |
gptkbp:purpose |
reduce ETH inflation
improve transaction fee predictability prepare for Ethereum 2.0 transition |
gptkbp:resultedIn |
ETH fee burn mechanism
delayed difficulty bomb |
gptkbp:bfsParent |
gptkb:VitalikButerin
|
gptkbp:bfsLayer |
6
|