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EIPs/EIPS/eip-1559.md at master · ethereum/EIPs · GitHub
This website describes EIP-1559, a proposal to change the fee market for the Ethereum 1.0 chain. It introduces a new transaction type that includes a fixed-per-block network fee that is burned and dynamically expands/contracts block sizes to deal with transient congestion. The proposal aims to improve efficiency, reduce transaction delays, and make it easier for users to estimate transaction fees. It also discusses potential security considerations related to the proposed changes.
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Summary
This website describes EIP-1559, a proposal to change the fee market for the Ethereum 1.0 chain. It introduces a new transaction type that includes a fixed-per-block network fee that is burned and dynamically expands/contracts block sizes to deal with transient congestion. The proposal aims to improve efficiency, reduce transaction delays, and make it easier for users to estimate transaction fees. It also discusses potential security considerations related to the proposed changes.
Tags
Kernel · Ethereum
Classification
status final