Ethereum has announced it is moving forward earlier than expected to a Proof-of-Stake consensus mechanism.
The move is accelerated in large part by the miner backlash over EIP-1559. The proposal designed to cut transaction costs by establishing fixed fees.
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Coindesk: https://www.coindesk.com/ethereum-proof-of-stake-sooner-than-you-think
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Current gas prices: ethgasstation.info/
- Pattern of hodl is emerging with Ether due to this news as there is an expectation of fixed fees in near term
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