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Under EIP-1559, fees would become less volatile
One of the most exciting features of EIP1559 is the BASEFEE opcode
It will allow smart contracts to estimate congestion (by comparing historical basefee behavior) and programmatically adjust parameters such as dispute periods in optimistic rollupshttps://t.co/fLBUmUQKeY
— Georgios Konstantopoulos (@gakonst) January 25, 2021
Why hasn’t EIP-1559 been implemented?
I think it should be "ready to be considered for mainnet" in the next few weeks. See this checklist for what's left to do: https://t.co/l2kEfwgNZs
We want to get the "Client Level Open Issues" done before we present it on AllCoreDevs.
— Tim Beiko | timbeiko.eth (@TimBeiko) February 6, 2021
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.