EIP-1559

GPTKB entity

Statements (112)
Predicate Object
gptkbp:instance_of gptkb:Java_Enhancement_Proposal
gptkbp:bfsLayer 3
gptkbp:bfsParent gptkb:Borough
gptkbp:addressed network congestion
gptkbp:affects gptkb:Ethereum_network
gptkb:Ethereum_miners
gptkbp:aims_to network efficiency
reduce transaction fee volatility
gptkbp:approves July 2021
gptkbp:controversy its impact on miners
gptkbp:enhances network efficiency
transaction predictability
gptkbp:has_feature User experience improvements
Base fee mechanism
Dynamic fee adjustment
Fee burning mechanism
Improved miner incentives
Increased network efficiency
Reduced volatility in gas prices
Transaction fee predictability
gptkbp:has_impact_on Ethereum's monetary policy
https://www.w3.org/2000/01/rdf-schema#label EIP-1559
gptkbp:includes a mechanism for fee burning
base fee
tip for miners
a fee burning mechanism
gptkbp:influenced_by previous fee models
gptkbp:introduced base fee
base fee per gas
gptkbp:is_a_solution_for transaction congestion
gptkbp:is_analyzed_in various blockchain researchers
gptkbp:is_associated_with Ethereum's transition to proof-of-stake
Ethereum's governance model
gptkbp:is_considered a significant change in Ethereum's fee structure
gptkbp:is_considered_as landmark proposal
gptkbp:is_criticized_for its complexity
potentially harming miners
gptkbp:is_designed_to improve user experience
gptkbp:is_discussed_in Ethereum community forums
Ethereum core developer meetings
Ethereum forums
Ethereum developer meetings
gptkbp:is_expected_to other blockchain networks
future blockchain proposals
more stable gas prices
reduce miner revenue
reduce miner revenue volatility
gptkbp:is_implemented_in gptkb:Ethereum_mainnet
gptkb:Ethereum_blockchain
gptkb:Ethereum_2.0
gptkb:Ethereum_London_hard_fork
August 2021
gptkbp:is_linked_to Ethereum's user adoption
gptkbp:is_part_of Ethereum network upgrades
Ethereum 2.0 upgrade
Ethereum's history
Ethereum's ongoing development
Ethereum's roadmap
Ethereum's transition to proof-of-stake
Ethereum's economic model
gptkbp:is_related_to gas fees
Ethereum gas fees
Ethereum's scalability solutions
Ethereum's scalability issues
Ethereum's transaction throughput
gptkbp:is_supported_by Ethereum community
Ethereum developers
gptkbp:key Ethereum's economic model
Ethereum's future upgrades
gptkbp:modifications fee structure
Ethereum's fee mechanism
how Ethereum transaction fees are calculated
gptkbp:notable_achievement Ethereum's development roadmap
gptkbp:origin deflationary Ethereum
gptkbp:part_of make Ethereum more user-friendly
gptkbp:participated_in the London Hard Fork
gptkbp:proposed_by gptkb:Vitalik_Buterin
has been analyzed for its economic impact
has been referenced in academic papers
has been discussed in podcasts
a new fee structure for Ethereum transactions
Ethereum's ecosystem
a new transaction pricing mechanism
aims to improve Ethereum's functionality
has been critiqued by industry leaders
has been debated in public forums
has been discussed in social media
has been featured in conferences
has been implemented in Ethereum's codebase
has been implemented in various Ethereum clients
has been reviewed by experts
has been supported by community votes
has been tested in testnets
has implications for transaction speed
has sparked discussions about decentralization
gptkbp:provides predictable transaction fees
gptkbp:replaced_by first-price auction model
the first-price auction model
gptkbp:resulted_in years of community discussion
gptkbp:series EI Ps aimed at improving Ethereum
gptkbp:significance blockchain governance
gptkbp:significant_event Ethereum's evolution
Ethereum's transaction processing
gptkbp:subject gptkb:academic_research
gptkb:television_channel
decentralized finance (De Fi)
investors in Ethereum
ongoing debate in the crypto community
gptkbp:was_a_response_to community feedback
high transaction fees
high gas prices
user complaints about fees