Questions tagged [eip-1559]

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@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
35 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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0answers
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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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3answers
2k 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
24 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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0answers
67 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 ...
1
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1answer
42 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
41 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 ...
2
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1answer
25 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 = ...
2
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1answer
756 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) ...
2
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0answers
188 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
58 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 ...
0
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1answer
37 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
34 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
124 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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0answers
66 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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0answers
33 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 ...
1
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1answer
172 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 ...
2
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1answer
136 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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0answers
20 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
206 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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0answers
33 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
988 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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0answers
46 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 ...
16
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1answer
867 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 ...
6
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1answer
110 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 ...
5
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1answer
942 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 ...
5
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1answer
69 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
30 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 ...