Aug 4, 2021
The time has come. With the London Fork just around the corner, the much anticipated EIP-1559 will be implemented. This fundamentally changes the relationship among miners, users, and gas.
This panel, moderated by Ethereum core developer Tim Beiko, is set to discuss the macro and micro shifts to the ecosystem. We've talked about this a lot on Bankless, so it's time to hear from experts around the community about this massive turning point.
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Topics Covered:
0:00 Intro
8:00 Understanding EIP 1559
ETH Research post:
https://ethresear.ch/t/first-and-second-price-auctions-and-improved-transaction-fee-markets/2410
20:34 Changing Metrics
26:21 Improving User Experience
Micah’s article:
https://medium.com/coinmonks/a-tale-of-two-pricing-schemes-dc9c8717906
33:45 Advice for Smart Contract Devs
JSON RPC Changes: https://hackmd.io/@timbeiko/1559-json-rpc
42:30 Miners, Burning Fees, and MEV
53:52 Clarifying MEV and Gas Prices
57:00 EIP 1559 on Geth
1:04:44 Hasu's Turning Point on ETH
1:11:11 David & Ryan ask Community Questions
1:15:51 Fifteen Fifty-Nine
1:19:40 Old Transactions in a New Paradigm
1:22:00 Stuck & Pending Transactions
1:24:16 Changing Monetary Policy
1:36:01 Manipulating Block Size
1:39:58 Discussing Timelines
1:47:25 Closing & Disclaimers
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Resources:
Tim Beiko on Twitter:
https://twitter.com/TimBeiko?s=20
Barnabe Monnot on Twitter:
https://twitter.com/barnabemonnot?s=20
Hasu on Twitter:
https://twitter.com/hasufl?s=20
Lightclients on Twitter:
https://twitter.com/lightclients?s=20
Micah Zoltu on Twitter:
https://twitter.com/MicahZoltu?s=20
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Not financial or tax advice. This channel is strictly educational
and is not investment advice or a solicitation to buy or sell any
assets or to make any financial decisions. This video is not tax
advice. Talk to your accountant. Do your own research.
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crypto assets. See our investment disclosures here:
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