London Hard Fork

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:Ethereum_Classic_Improvement_Proposal
gptkbp:activatedBy 2021-08-05
gptkbp:block 12965000
gptkbp:effect ETH supply reduction
greater predictability of transaction fees
improved user experience for gas fees
gptkbp:feature burning of a portion of transaction fees
introduction of base fee per gas
https://www.w3.org/2000/01/rdf-schema#label London Hard Fork
gptkbp:includesEIPs gptkb:EIP-1559
gptkb:EIP-3198
gptkb:EIP-3529
gptkb:EIP-3541
gptkb:EIP-3554
gptkbp:location gptkb:Ethereum_mainnet
gptkbp:network gptkb:Ethereum
gptkbp:predecessor gptkb:Berlin_Hard_Fork
gptkbp:purpose improve transaction fee market
prepare for Ethereum 2.0
reduce ETH inflation
gptkbp:successor gptkb:Altair_Hard_Fork
gptkbp:bfsParent gptkb:Ethereum_mainnet
gptkbp:bfsLayer 5