
The Impact of EIP-1559 on Ethereum’s Gas Fee Predictability and Market Dynamics
Ethereum Improvement Proposal (EIP) 1559, introduced as part of the London Hard Fork in August 2021, has been one of the most anticipated and significant updates in the Ethereum’s history. The proposal aimed to overhaul Ethereum’s transaction fee mechanism by implementing a more predictable and efficient fee structure. Before EIP-1559,…