Solidity Finance has announced a major change to the company that will take place in the upcoming months. Starting on August 28th the company will be operating under a new name, “SourceHat”, aiming to expand its operations to serve the larger Web3 space. Solidity Finance is an industry-leading provider of auditing services for smart contracts written in the Solidity programming language and the firm has worked tirelessly over the past several years to build its reputation to become what it…
EIP-1559 Upgrade
Ethereum to Overhaul Its Transaction Pricing Mechanism with EIP-1559 Upgrade
Ethereum is about to reach one of its biggest milestones in recent memory with the rollout of a long-anticipated upgrade that overhauls how the network handles transaction fees. Dubbed the Ethereum Improvement Proposal 1559 (EIP 1559), the upgrade is scheduled for inclusion into the network's codebase this coming July. Ethereum CEO Vitalik Buterin originally proposed the EIP in 2019. ETH users are required to pay a gas fee for each transaction they make on the blockchain. Currently, the fee is…
2 years ago 
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