Questions tagged [eip-1559]

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Incentive for miners to include transaction in block post-EIP-1559

From what I have read the EIP-1559 upgrade impacted miners by eliminating the value of mining blocks regardless of the amount of transactions included because they would receive always receive the gas ...
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13 views

How to programmatically calculate Max Priority Fee or TIP value EIP-1559?

As per Ethereum's EIP-1559 explanation It is possible that miners will mine empty blocks until such time as the base fee is very low and then proceed to mine half full blocks and revert to sorting ...
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Infura EIP-1559 not enabled on Common

When trying to contruct FeeMarketEIP1559Transaction ie. ERP-1559 transaction using @ethereumjs/tx and @ethereumjs/common npm library then Infura ( Kovan network, network id:42 ) return this error EIP-...
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23 views

Would new type2 transactions be prioritised over legacy type0 transactions?

regarding ethereum eip 1559 upgrade, i see it still supports type0 legacy transactions. Is there any benefit for using new type2 transactions except for reducing fees if i just want fast uniswap ...
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What parameters should I use in my EIP1559 transaction for a fast confirmation time

Looking to take part in some minting gas wars and looking to prepare a transaction before hand. What values should I use for my Base Fee Per Gas, Max Fee Per Gas, and Max Priority Fee Per Gas to ...
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1answer
108 views

How legacy transaction are handled after EIP1559 update?

After the EIP1559 transaction gas is mainly divided into base gas price and priority gas fees. But as we know EIP1559 is backward compatible so how legacy transaction ( they just have gas price field) ...
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1answer
75 views

EIP-1559 fee structure terminology

Looking at the fee structure of the EIP - 1559, I noticed we have such terms as maxPriorityFeePerGas and maxFeePerGas. I think maxPriorityFeePerGas is basically tip you pay the miner and ...
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70 views

Trying to make an eip-1559 transaction

Im have a hard time trying to figure out how to change my code to make an eip-1559 txn. Everything I do always comes back 0 (Legacy). This is my code. const tx = await uniswap.swapExactETHForTokens( ...
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17 views

Interpreting EIP 1559 Gas Implications

I'm trying to better understand a few of the implications of the EIP 1559. My understanding was that the vast majority of gas would now be burned as opposed to going to miners as the base fee would be ...
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1answer
90 views

@ethereumjs/tx - "TypeError: Common is not a constructor"

I was trying to implement a method for signing an eip-1559 transaction using @ethereumjs/tx package. While following the steps mentioned in their documentation , I am encountering an error when trying ...
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1answer
563 views

What happens if maxPriorityFeePerGas and maxFeePerGas are set to same value?

What does new fee system do when maxPriorityFeePerGas and maxFeePerGas are set to same value, for example 1000 gwei? Let's say at the time of transaction total gas base fee is 300, does it mean that I ...
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22 views

Type-2 Transactions

There are a couple of tx-hashes such as txhash1 and txhash2 that has Gas Price == Miner Tip attirubute. How it that possible? Can you not pay any base fee and just pay everything to miner?
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7k views

Metamask - "Params specify an EIP-1559 transaction but the current network does not support EIP-1559"

I'm working on a little erc 721 project. We have a frontend that allows users to mint a couple of our nfts with a button. contract.methods.mint(tokensNumber).send({from: accounts[0], value: ...
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1answer
194 views

Having trouble figuring out EIP-1599 params for contract transaction in ethers.js

I am following contracts documentation at https://docs.ethers.io/v5/api/contract/contract/#contract-functionsSend And got to the point where my contract call looks something like this (someMethod and ...
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1answer
259 views

How does estimation of gas price changes after implementation of EIP-1559

I understand that after EIP-1559 implementation, the fee structure changes to now have max priority fee and max fee instead of single gas price. The question is though what could be the best strategy ...
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1answer
100 views

Transactions lifetime in mempool (EIP 1559)

I want to know how long transactions will be kept in mempool after EIP 1559. I know that before EIP 1559 they kept very, very long. How long certainly I don't know.
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1answer
238 views

Getting current base fee from json rpc

I'm looking for a way to fetch current base fee using JSON RPC (and go-ethereum ethclient.Client as client) I'm aware of new JSON RPC eth_maxPriorityFeePerGas which gives me second parameter - but ...
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1answer
29 views

baseFee can actually increase/decrease by more than 12.5?

according to some articles written on the EIP1559 topic, baseFee should only change by maximum 12.5% However, in reality this is not always the case. Check these examples: block 13096125 baseFee = ...
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1answer
1k views

Can't deploy from Remix - network does not support EIP-1559

I am trying to deploy a smart contract from Remix using the following settings: compiler: 0.8.0 EVM version: compiler default Environment: injected Web3 (metamask connected to hardwarewallet, main (1) ...
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0answers
739 views

Can gas price and amount of gas be automatically set by metamask, or are they required to be set via code in web3.js (EIP-1559)?

I am using web3.eth.Contract to deploy a smart contract to the ropsten testnet. To interact with metamask I am using window.ethereum. I deploy the contract via the code below that I found on https://...
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1answer
131 views

Send transaction with all ether (fees) - EIP 1559

I'm not sure I right understand structure of fees (EIP 1559). Because I cannot guess what will be base fee for my transaction, 'cause I will not know how much transactions will be in block (base fee ...
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1answer
115 views

How do i add EIP-1559 functionality to ERC-20 contract using solidity

Trying to adapt this solidity code from https://github.com/CodeWithJoe2020/ERC20Token/blob/main/ERC20.sol Using remix Basic token creation contract, but it will not create a contract due to EIP-1559 ...
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1answer
57 views

If blocks aren't full, why can't I set a gas fee of 1-10 gwei? Who dictates that it needs to be 20-30 gwei when blocks aren't even full?

If blocks aren't full, why can't I set a gas fee of 1-10 gwei? Who dictates that it needs to be 20-30 gwei when blocks aren't even full? And where is the best place to adjust my gas fee if I don't ...
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1answer
388 views

How is the "Base Fee Per Gas" computed for a new block?

There are numerous articles describing that after EIP1559 the blocks baseFeePerGas is based on the previous blocks baseFeePerGas, gasUsed and gasLimit and that it can change by a maximum of ±12.5% ...
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178 views

Understanding base fee per gas and its related priority

When calling getFeeHistory as below, if I understand correctly by using the "pending" parameter we get a base fee estimate in the last items of baseFeePerGas to use when creating a ...
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57 views

Is it possible for a miner to extract the whole maxFeePerGas if (baseFeePerGas + maxPriorityFeePerGas) < maxFeePerGas?

Is it possible for a miner to extract the whole maxFeePerGas if (baseFeePerGas + maxPriorityFeePerGas) < maxFeePerGas? Assuming that the miner is not running vanilla code, does the protocol somehow ...
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2answers
504 views

How to create and sign EIP1559 Transaction with Go

i am kinda new to golang and i would appreciate any help. My main purpose is offline signing EIP1559 transactions based on a json using go-ethereum. I have managed to sign legacy transactions ...
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1answer
417 views

Why can transactions use legacy gas fee model instead of EIP 1559?

above is the adoption rate of the new EIP 1559 gas fee model. So does it mean that you can still use legacy transaction fee model. If so, why is EIP 1559 a hard fork if it's not forceful.
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21 views

If blocks stay full and gas gwei stays at around 20-50 average. How much will ETH is burned daily, monthly, and yearly?

If the gas gwei stays at 20-50 average. How much ETH is burned daily, monthly, and yearly? What is the current ETH inflation now on a daily basis? And at what point does the ETH burned cancel out the ...
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1answer
228 views

Why, after the London Fork, the average gas price of mined blocks is so lower than the needed gas price to have transactions included?

I understand the reason behind empty blocks but it seems to me that after the EIP-1559 the average gas prices of the transactions in the mined blocks are really low compared to what is the needed gas ...
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41 views

Base Fee vs Gas Price EIP1559

With the new eip1559 on August 5, I was wondering whether we have to use BaseFee or GasPrice, many dexes like uniswap still specify a gasPrice (ex: 20 gwei) but what confuses me is that with the new ...
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1answer
2k views

How to send eip 1559 txn using web3?

I am sending my txn like this but it is sent as legacy type only
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59 views

What will happen to the current txs in the mempool post EIP-1559?

The London hardfork is estimated to go live in ~3 hours at the time of posting this question, which introduces a major change in the transaction pricing mechanism of Ethereum, EIP-1559. What will ...
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1answer
2k views

Sending transactions after London Fork considering EIP 1559

I have an application that sends legacy transactions containing to, from, gasPrice, gasLimit, value and data properties. I know that following the London Fork there is backward compatibility with ...
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1answer
179 views

How does EIP-1559 make Ethereum fees better?

I have a few questions that are mostly related to each other. I don't understand how EIP-1559 makes it a better way than the current one about fees. Since EIP-1559 brings priority fees and miners ...
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1answer
2k views

Will I have to change how I set raw transaction gas price for eip-1559?

I have a question about setting gas prices after the new hardfork. Currently the software I'm working with uses the ethgasstation.info api to select a gas price and then publishes a raw transaction ...
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2answers
92 views

EIP 1559 miner fee incentive

With the incoming EIP 1559 transactions, senders will have the possibility to include a miner fee into their gas specifications to incentivize miners to include their transactions into the block. Some ...
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1answer
38 views

What will happen to my ETH share when POS goes live?

I have been seeing that ETH will be moving to a PoS validation framework. These validators will be paid in ETH. It seems to me that this means if I do not stake, my ETH portion will be continuously ...