Average Transaction fees on the Ethereum blockchain hit record highs.

However, Berlin hard fork, which promises to mitigate gas fees went live today at block number 12,244,000.

The Berlin Network Upgrade will make changes to the Ethereum network and node operators need to make adequate updates.

The Berlin upgrade will incorporate four Ethereum Improvement Proposals (EIPs) – EIP-2565, EIP-2718, EIP-2930 and EIP-1559.

Author: mBRzeVZxHo

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