Guys, you need to understand this: the EIP-1559 fee mechanism!
The target Gas usage for each block is half the Gas limit, and the base fee can change by at most 12.5% per block.
With a base fee in place, wallets can estimate reasonable fees directly based on on-chain conditions, so users no longer have to guess how much to pay.
Under EIP-1559, the base fee paid for each Ethereum transaction is calculated as $ETH , and it is burned.
Save this for now and take a closer look later 👇
Just sharing a note; make your own decisions when buying or selling.
The target Gas usage for each block is half the Gas limit, and the base fee can change by at most 12.5% per block.
With a base fee in place, wallets can estimate reasonable fees directly based on on-chain conditions, so users no longer have to guess how much to pay.
Under EIP-1559, the base fee paid for each Ethereum transaction is calculated as $ETH , and it is burned.
Save this for now and take a closer look later 👇
Just sharing a note; make your own decisions when buying or selling.
