Blockchain
By Dan Saada
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Ethereum is enjoying a bullish impulse. And, lot of users have expressed their interest in giving their best this Eth2 hackathon season by building something that improves ETH2.
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Meanwhile Business Insider reports that several Ethereum miners has being angry about the changes planned to the network.
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These reactions are coming in response to EIP-1559, and Ethereum blockchain developers have approved the major change to the network and this is the network that runs the Ether…
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The current protest reportedly is meant to initiate a rally which will disrupt the Ethereum network, where they are planning to redirect their mining power to Ethereum.
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Some of them are discussing about shutting down their mining power as they claim that they are helping in the process of maintaining the network to be secure and fast and they…
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The protest is likely and it is not very clear if it will really become a reality. At present, such talks are in the discussion stage.
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However, some of them feel that the current change can lead to an explosive price increase for ETH and that lot of miners are supporting this.
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Reportedly, the EIP-1559 changes would come into force in the summer in an event known as "London" no matter what.
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This news buzz seems to be from just a few people and it does not seem to have the might to create any major impact.
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A lot of stuff is happening on ETH like NFTs, Token Voting, games, rtokens, flash loans, oracles, swapping, lending and staking.
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What is happening now is just a political behavior where miners are trying to play their might out which is really not necessary in a giant network where herculean attempts to…
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