Ethereum miners proposed EIP-3368, a proposal for EIP-1559, to increase the current block reward from 2 ETH to 3 ETH

Ethereum miners proposed EIP-3368, a proposal for EIP-1559, to increase the current block reward from 2 ETH to 3 ETH

On March 13, miners proposed a proposal EIP-3368 for EIP-1559, which suggested increasing the current block reward of the Ethereum network from 2 ETH to 3 ETH, and reducing it slightly each block until it is reduced to 1 ETH reward per block after 8,000,000 blocks (about 2 years).

Ethereum developer Tim Beiko said that the EIP is not currently accepted or planned for a fork. It is currently just a proposal and seems to be the most concrete content in the miner dialogue in the past few weeks. The idea of ​​the proposal is to implement EIP-3368 together with EIP-1559.

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