crypto strategy

Ethereum Insiders Will Get Fee Reductions Others Won’t When Upgrading

When the Ethereum blockchain undergoes its next major update, some key participants will likely see fees drop while they remain the same for other users of the most commercially important cryptocurrency network.

The so-called Shanghai software update scheduled for next year is expected to give users who pledge or stake the network’s native Ether cryptocurrency the ability to release their coins at some point from special digital wallets. used to order transactions on the network. But a number of other small changes are baked into this one. One of them, called WARM Coinbase – which has nothing to do with crypto exchange Coinbase Global – will drastically reduce some fees paid by major ecosystem players called builders, who already have a lot of sway. on Ethereum.

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