Why is Ethereum’s gas fee split into a base fee and a tip? Don’t panic—the class rep is here to explain:
Before EIP-1559, Ethereum used a first-price auction: users set their own gas prices, and the entire bid went to miners.
With the base fee, wallets can estimate a reasonable fee based on on-chain conditions, so users no longer have to keep guessing how much to pay.
When I first got into crypto, I thought knowing how to read candlestick charts was enough. Later, I realized the fundamentals are the first lesson.
$ETH 2499.73（-1.81%）
#ETH
Before EIP-1559, Ethereum used a first-price auction: users set their own gas prices, and the entire bid went to miners.
With the base fee, wallets can estimate a reasonable fee based on on-chain conditions, so users no longer have to keep guessing how much to pay.
When I first got into crypto, I thought knowing how to read candlestick charts was enough. Later, I realized the fundamentals are the first lesson.
$ETH 2499.73（-1.81%）
#ETH