EIP-1559 & EGL ❤️

TL;DR:

  1. EIP-1559 is focused on gas price predictability but doesn’t incentivize miners to listen to the community (including reducing congestion)
  2. EGL incentivizes miners to listen to the community
  3. EIP-1559 + EGL = price predictability + community influence

What is EIP-1559 and how does it work?

EIP-1559 was created to make estimating gas fees easier.

How does EIP-1559 deal with congestion?

So how would a miner do this?

Fly in EGL.

How does EGL work?

Learn more about EGL

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The Ethereum Gas Limit (EGL) project passes control over the gas limit ("blocksize") back to the community.

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EGL

EGL

The Ethereum Gas Limit (EGL) project passes control over the gas limit ("blocksize") back to the community.

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