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ELI5 the Ethereum Merge

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More than 1 million ETH has been burned following EIP-1559

advertisement The Ethereum network has now burned over 1 million ETH since the London upgrade that ushered in the fee burning mechanism, according to figures from WatchTheBurn — a website that tracks the transaction fee burning process. At the current price of ether, the total value of the total ETH destroyed so far now stands at over $4.2 billion. In August, the London upgrade introduced Ethereum Improvement Proposal 1559 (EIP-1559) that split transaction fees in two: a base cost and …

Deribit Company Intelligence Report

November 23, 2021, 3:43PM EST • 19 min read Quick Take Largest crypto options exchange by open interest and volumes Offers institutional level services such as co-location, market maker protection, and portfolio margin ~$12.5 billion YTD October 31, 2021 derivatives total trading volume and +194% increase in monthly trading volumes YTD Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, …