RE:RE:RE:RE:RE:RE:yeaLol! I never mentioned 1559 once yesterday, your not even addressing my argument. What's more sad is 5 people agreed with you. Lol..it's as of the dumbest crypto investors gravitate towards hive. lol
lookyloo102 wrote: Alpha you are being somewhat dishonest in your discussions about the miners,yes they will be unhappy simply because they are making so much in gas fees, but mining will continue and the miners will also continue to get payed just probably not as much as they are now, how well they will be tipped to include transactions in the blockchain
From nasdaq website
https://www.nasdaq.com/articles/ethereums-eip-1559-fee-market-overhaul-greenlit-for-july-2021-03-05
EIP 1559 flips a typical blockchain transaction on its head in order to fix numerous issues with Ethereum’s user experience. Traditionally, a user sends a gas fee to a miner for a transaction to be included in a block. That gas fee will now be sent to the network itself as a sort of “burn” called basefee with only an optional tip paid to miners. The burnt fee is algorithmically set as well, ostensibly making it easier for users to pay a fair fee.