Ethereum's EIP-1559 Burner Set for July 14 Deployment in London Hard Fork
- —London hard fork with EIP-1559 is targeted for July 14
- —Fee burning would remove about 6,000–6,500 ETH per day at current rates
- —London also includes EIP-3198 (base fee) and EIP-3238 (Ice Age delay)
- —Ethereum 2.0 with PoS, sharding and eWASM is not expected before 2022
Why it matters: Burning fees will cut ETH supply and could tighten the asset's scarcity if network demand holds up.
Source: CryptoTicker