Manage episode 327342688 series 3321692
"EIP-1559 is poised to greatly enhance the user experience on Ethereum for processing transactions. Of course, most people like to focus on the fee burn aspect of EIP-1559 (and so do we), but the overall benefits of EIP-1559 go far beyond the fee burn and will have a positive impact on end-users."
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After Yuga Labs' bad drop/mint over the past weekend and the huge amount of misunderstanding regarding Ethereum gas prices, I wanted to review a post by Anthony Sassano's Daily Gwei breaking down EIP-1559 and how Gas actually works on Ethereum.
There are lots of misconceptions over how gas works, hopefully this will clear things up!
Link to original post: https://thedailygwei.substack.com/p/this-is-eip-1559-the-daily-gwei-300?s=r