Ethereum developers started testing EIP-1559, Cardano announced the date of Mary's hard fork, DASH is integrated into the CrayPay service
Ethereum developer Tim Beiko announced the complete completion of work on the EIP-1559 code, which implements the mechanism of fixed fees for ETH and token transactions.
Now the user independently determines the amount of the miners' reward for the transfer, which leads to an increase in fees with a heavy blockchain load.
In 2020, the development of the Defi industry and the rise in the value of ETH increased the fees from $ 0.09 to $ 16, paid by users for the right to priority transactions of their transactions.
The implementation of EIP-1559 will introduce an algorithm that determines the transfer fee depending on the filling of the blocks, something like a system for calculating the difficulty of Bitcoin mining. ETH and token holders will receive forecasts and analytics of fee changes, along with a mechanism for scheduled payments to be made later at lower fees.
EIP-1559 is opposed by miners who have delayed the implementation process for two years. Now the update code is ready to support the developers of clients Besu, Geth, and Nethermind, which leaves no chance for the opponents of the soft fork.
Cardano founder Charles Hoskinson announced Mary's hard fork in February at another AMA on YouTube. Now the code for the future update is posted on the test net and is a mechanism for standardizing the release of tokens.
This will allow the Cardano blockchain, unlike the Ethereum network, to increase the speed of digital asset transfers and reduce commission costs. Developers will be able to use code templates, which will reduce the complexity of the assembled smart contract and eliminate inefficiency, as well as increase the security of its operation.
DASH cryptocurrency investment fund has become an investor in the CrayPay electronic wallet. This payment service provides customers with a mobile application to pay for goods in 155 thousand retail outlets in the United States, with the possibility of receiving discounts, bonuses, and gift cards.
Acting as an investor, DASH implements a special version of CrayPay for American owners of their own cryptocurrency. They will be able to pay for goods with digital currency. In the future, DASH will be available to all CrayPay customers.
In 2020, the development of the Defi industry and the rise in the value of ETH increased the fees from $ 0.09 to $ 16, paid by users for the right to priority transactions of their transactions.
The implementation of EIP-1559 will introduce an algorithm that determines the transfer fee depending on the filling of the blocks, something like a system for calculating the difficulty of Bitcoin mining. ETH and token holders will receive forecasts and analytics of fee changes, along with a mechanism for scheduled payments to be made later at lower fees.
EIP-1559 is opposed by miners who have delayed the implementation process for two years. Now the update code is ready to support the developers of clients Besu, Geth, and Nethermind, which leaves no chance for the opponents of the soft fork.
Cardano founder Charles Hoskinson announced Mary's hard fork in February at another AMA on YouTube. Now the code for the future update is posted on the test net and is a mechanism for standardizing the release of tokens.
This will allow the Cardano blockchain, unlike the Ethereum network, to increase the speed of digital asset transfers and reduce commission costs. Developers will be able to use code templates, which will reduce the complexity of the assembled smart contract and eliminate inefficiency, as well as increase the security of its operation.
DASH cryptocurrency investment fund has become an investor in the CrayPay electronic wallet. This payment service provides customers with a mobile application to pay for goods in 155 thousand retail outlets in the United States, with the possibility of receiving discounts, bonuses, and gift cards.
Acting as an investor, DASH implements a special version of CrayPay for American owners of their own cryptocurrency. They will be able to pay for goods with digital currency. In the future, DASH will be available to all CrayPay customers.