🚨🔥 Ethereum’s London Hard Fork: The Upgrade That Changed Everything 🔥$ETH
In August 2021, Ethereum quietly rolled out one of its most important upgrades ever — the London Hard Fork. It didn’t come with fireworks, but it rewired Ethereum’s core economics forever.$FOR
💡 What made London special?
The upgrade introduced EIP-1559, transforming how transaction fees work. Instead of unpredictable gas wars, Ethereum adopted a base fee mechanism — improving user experience and making fees more transparent.
🔥 ETH Burning Begins
A portion of every transaction fee started getting burned, permanently removing ETH from circulation. This shift planted the seeds for Ethereum’s deflationary narrative.
⚖️ Controversial but Necessary
While users welcomed smoother fees, miners raised concerns about reduced rewards. The debate was intense — but progress won.
🚀 Foundation for Proof of Stake
Most importantly, London laid the groundwork for Ethereum’s historic transition to Proof of Stake in 2022, reshaping the network’s future.
📌 Why it matters today
London wasn’t just an upgrade — it was a strategic turning point that helped Ethereum evolve into the ecosystem we know today.
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