Some people use a thing called Ethereum to send money on the internet. They have a rule that when they send money, some of it disappears and can't be used again. This makes the Ethereum more rare and valuable. Recently, lots of Ethereum disappeared because people sent it in a way that made it go away forever. This is good for Ethereum fans who want it to be more special and not so common. Read from source...
1. The title of the article is misleading and sensationalist. It implies that a large amount of Ether was destroyed or stolen, which is not the case. In fact, burning Ether is a normal and expected process in the Ethereum network after the EIP-1159 upgrade.
2. The article does not explain what Ether is, how it works, or why it has value. It assumes that the reader already knows these basic concepts, which may confuse or alienate newcomers to the cryptocurrency space.
3. The article uses the term "coin" instead of "token" when referring to Ether, which is inaccurate and confusing. Ether is not a coin, but a token that serves as the native currency and fuel for the Ethereum network. Coins are usually referr
Neutral
Explanation: The article discusses the recent burning of Ethereum transactions, which is a result of the EIP-1159 upgrade implemented on August 5th, 2021. This upgrade changed the fee model and now each transaction includes a variable base fee that adjusts according to the current demand for block space. The base fee is burned or permanently removed from circulation, lowering the supply of Ether forever.
The article does not express any particular sentiment towards the event, neither positive nor negative. It simply states what happened and provides some background information on the EIP-1159 upgrade. Therefore, the sentiment of the article is neutral.