Ethereum Network Experiences Berlin Hard Fork
Main page News, Ethereum

The Ethereum network has experienced the Berlin hard fork at block 12,244,000. The day before the fork, the price of Ether updated its all-time high above $2,480, while the open interest in futures hit an all-time high at $8.1B.

As part of the update, four proposals have been submitted to improve Ethereum, including a change to the gas price calculation algorithm (EIP-2565 and EIP-2929) as well as new transaction types (EIP-2930 and EIP-2718).

According to, when the hard fork took place only 74.8% of the nodes were ready for Berlin.

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The EIP-1559 proposal, which will burn a portion of the transaction fees, is scheduled for the London hard fork, which will take place in July.

EIP-1559 has faced opposition from mining pools Ethermine and SparkPool due to the fact that it could reduce the miners’ transactional revenues.

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