The cost to use Ethereum has increased some 500% since April. That’s not very helpful for people running programs on it. And while average gas fees are not at the all-time highs seen in July 2018, the problem will need fixing if decentralized applications (dapps) can be run reliably on the world’s leading smart-contract blockchain. A potential technical savior is on the horizon, however – and it’s not the Eth 2.0 overhaul or Rollups, the latest en vogue scaling solution. Called Ethereum Improvement Proposal (EIP) 1559, this proposed update aims to reduce transaction costs by overhauling the network’s fee market in ... (full story)