EIP 1559

GPTKB entity

Statements (57)
Predicate Object
gptkbp:instance_of gptkb:blockchain_technology
gptkbp:advances gptkb:Ethereum_blockchain
gptkbp:affects Ethereum gas fees
gptkbp:aims_to reduce transaction fee volatility
gptkbp:approves July 2021
gptkbp:created a more predictable fee market
gptkbp:depicted_in a necessary improvement
gptkbp:has_a_focus_on Ethereum development teams
gptkbp:has_implications_for De Fi applications on Ethereum
gptkbp:historical_achievement Ethereum's development
https://www.w3.org/2000/01/rdf-schema#label EIP 1559
gptkbp:includes a mechanism for fee burning
gptkbp:influences Ethereum's inflation rate
gptkbp:introduced base fee
gptkbp:is_a_key_component_of Ethereum's future upgrades
gptkbp:is_a_major_change_in Ethereum's transaction model
gptkbp:is_a_significant_proposal_for blockchain technology.
gptkbp:is_a_subject_of gptkb:academic_research
gptkb:media_coverage
public discussions
gptkbp:is_analyzed_in cryptocurrency researchers
gptkbp:is_associated_with gptkb:Ethereum_2.0
gptkbp:is_considered a significant change in Ethereum's economics
gptkbp:is_criticized_for some miners
gptkbp:is_debated_in Ethereum community
gptkbp:is_designed_to improve user experience
improve transaction throughput
gptkbp:is_discussed_in Ethereum core developer meetings
Ethereum forums
gptkbp:is_expected_to enhance network security
improve network efficiency
reduce miner revenue volatility
increase user confidence in Ethereum
lower transaction costs over time
gptkbp:is_implemented_in gptkb:Ethereum_mainnet
gptkb:Ethereum_London_hard_fork
gptkbp:is_part_of Ethereum's roadmap
Ethereum's economic model
Ethereum's ongoing evolution
Ethereum's upgrade history
Ethereum's technical documentation
Ethereum's long-term strategy
Ethereum's transition to proof of stake
gptkbp:is_related_to Ethereum network upgrades
Ethereum's governance model
gptkbp:is_supported_by Ethereum developers
gptkbp:key_feature Ethereum's scalability plan
gptkbp:modifications how miners receive tips
gptkbp:proposed_by gptkb:Vitalik_Buterin
a new fee structure for Ethereum transactions
gptkbp:was_a_factor_in Ethereum's market dynamics
gptkbp:was_a_response_to high gas fees on Ethereum
user complaints about gas fees
gptkbp:was_a_result_of community feedback
gptkbp:was_influenced_by previous fee market proposals
gptkbp:bfsParent gptkb:EIP_1284
gptkbp:bfsLayer 6