Over $3,000,000,000 Worth of ETH Torched Since Ethereum Hard Fork Upgrade in August

Data from the Ethereum on-chain tracking tool Etherchain shows that the leading smart contract platform has destroyed hundreds of thousands of ETH since the London hard fork went live on August 5th. The London hard fork implemented the Ethereum Improvement Proposal (EIP) 1559, which introduced a fee-burning protocol to the Ethereum network that permanently torches […] The post Over $3,000,000,000 Worth of ETH Torched Since Ethereum Hard Fork Upgrade in August appeared first on The Daily Hodl.