Ethereum is starting to pump & it’s 2020 breakout officially begins. But Why!? Many people think Eth Staking, DeFi & Ethereum 2.0 is the reason. In reality, it’s because of an Ethereum Improvement Proposal specifically EIP 1559. This changes the gas fee market of Ethereum for good, including a BASEFEE burn mechanism! Ether getting burned reducing inflation! This is only the beginning folks! 👌Subscribe to The Chico Channel--
⏰ Time Stamps ⏰
00:08 Introduction: Merica!! LOL
00:47 America Is Moving Towards Idiocracy....
01:34 Hiding In Plain Sight We Are
01:49 Ethereum & 32 Ether. A Full Time Job?
02:29 Ethereum 2.0 & Five Main Points
03:36 Ethereum Inflation?
04:12 Bitcoin vs Ethereum Inflation
04:53 The Final Piece of Ethereum's Economic Puzzle: EIP 1559
05:54 Vitalik Buterin Created This In 2018
06:22 The BASEFEE BURN!
07:25 The Tip For Miners or Staking Validators
8:30 The Effect on Ethereum Inflation?
09:13 Inflation at .0004%!?
09:41 Is This Being Worked On?
10:51 Implementation of This Is Close...
11:26 Concluding Thoughts
12:15 Outro
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