EIP1559 Ethereum testnet launches successfully

Ropsten, the ethereum testnet has successfully upgraded earlier this Thursday, with the fee market reforming Ethereum Improvement Proposal (EIP) 1559 now live in test conditions.

For the first time we can now see how this works in practice, with a site tracking the amount of eth that is being burned by the block.

As can be seen above, one or two eth are being burned by the block, with 85.13 ETH being burned in the past 64 blocks while we were observing.

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