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Blockchain

EIP-1559

A fee mechanism introducing base fee burning and optional tips.

Definition

EIP-1559 improves fee predictability and burns base fees, affecting ETH economics and UX.

Used In

EIP-1559 used in article cross-linking coming soon. This term will show guides and comparisons where it appears.

Related Terms

Gas Fees

Fees paid to execute transactions and computations on-chain.

Base FeePriority Fee