Milestone
Ethereum
2021
London Upgrade (EIP-1559)
EIP-1559 introduced basefee burn, changing gas mechanics and setting precedent for supply dynamics.
Event date: 2021-08-05
Sources
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Key Facts
Peak metricETH burn live
OutcomeFee market reform
ChainEthereum
Year2021
Typemilestone
Tags
upgrade
eip1559
View Chart
External price/performance context for the historical event.
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