Header logo
  1. Research
  2. Videos

Crypto Chat: What does EIP-1559 mean for Ethereum?

Aug 11, 2021

Carrie & Will chat about the Ethereum network and the recent EIP-1559 upgrade.

Will explains EIP (Ethereum Improvement Proposal) – 1559, which took place on the Ethereum network on August 5, 2021 as part of the “London Hard Fork” upgrades.

Currently, users must bid for how much they’re willing to pay in transaction fees to miners, which is oftentimes less transparent and more volatile. EIP-1559 incorporates an automated bidding system with a set fee amount that fluctuates based on how congested the network is.

Additionally, fees paid in Ether are burned, which decreases supply.

*Recorded August 10, 2021

Reports you may have missed

PCE and BTC Conference Could Catalyze Strength into August

In today's video, we analyze the recent downturn in crypto markets and highlight pivotal events that could reignite the rally. https://vimeo. com/990355541/cc9d391f8a? share=copy

Recent Jump in Implied Vols Suggests More Upside Expected

In today's video, we compare the current rally to the one back in May through the lens of the options market. Elevated implied vols suggest that traders are making higher conviction upside bets on BTC. https://vimeo. com/989171384/43a4fae417? share=copy

Discussing the Possibility of BTC as a Strategic Reserve

In today's video, we discuss the possibility of the US adding BTC as a strategic reserve asset, key data that points to animal spirits returning to the crypto market, and why we added SMLR to our crypto equities basket this week. https://vimeo. com/987276586/a012b6880b? share=copy

Political Tailwinds Strengthen and Flows Improve

In today's video, we discuss the implications of this past weekend's events, the market's reaction to Gox coins moving on-chain, and the encouraging flow metrics we are observing. https://vimeo. com/985229481/20d6c4584f? share=copy