EIP 1559
How EIP 1559 Has Affected Fees on Ethereum
Since EIP 1559 was activated in early August 2021, every block now has a set base fee that must be paid in ether in order to be included in a block. Chart of the Day highlights this muted volatility, showing falling gas prices month over month and daily transactions trending downward by about 40% since last November. Christine Lee explains the data on "All About ETH," live from Ethereum Denver 2022.
The State of Ethereum’s Fee Market
What was the motivation for EIP 1559 and, after four months, what real impacts on Ethereum have we seen?
Why Ethereum’s ‘Difficulty Bomb’ Has Been Delayed Again
Also: Polygon moves closer to bringing EIP 1559-style fee markets to their proof-of-stake scaling platform.
More Than $1B in ETH Has Been Burned Since Ethereum’s London Hard Fork
In just six weeks, over 297,000 ETH has been permanently removed from circulation.
Market Wrap: Ethereum Keeps Burning and Price Is Hot
The largest cryptocurrency by market value was trading close to its highest level in more than two months
EIP 1559 Hasn’t Affected Ethereum Miner Revenue
Plus: The first hard fork for Ethereum 2.0 is scheduled for testnet activation.
Ethereum Burns 36% of New Coin Issuance Over 2 Days
At first glance, EIP 1559 seems to be working effectively. A closer look at the numbers may suggest otherwise.
What Crypto Analysts Are Saying About the Ethereum Hard Fork
"The notion of ethereum becoming a deflationary cryptocurrency in the future is now tangible, and the effects on ethereum’s valuation could be profound," said one analyst.
