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Unpacking EIP-1559
EIP-1559 is slated to go live in July 2021....Variants of EIP-1559 have already been deployed on Filecoin, Near, and Celo with moderate success....A key intent behind EIP-1559 is smoothing out the predictability of transaction fees on the network....Net ETH issuance is certainly lower than it would be without EIP-1559, but only marginally.
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9 Min
Infrastructure
Jun 2021
Discounts are offered up to a collateralization ratio of 150% and for time locks of as little as 2 weeks...could evolve into.
😭 Meme of the Week
📖 Delphi Reads (Alpha Feed Unlocked)
Cancun Upgrade Incoming, EIP...The forthcoming Cancun upgrade will introduce EIP-4844, a crucial enhancement designed to boost the scalability...
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11 Min
DeFi
Jun 2023
...state, throughput is still fairly limited, and the initial implementation of 4844 will only allow ~150...(more to come)
Swap (more to come)
6 TSS vaults each with 20 nodes
1 TSS vault with a target of 150...One of the most significant and discussed upgrades happening in the Dencun hardfork is EIP-4844, and...
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93 Min
Infrastructure
Dec 2023
With Pectra around, UX on EVM chains could get a nice facelift with EIP-7702....EIP-7702 also helps with account recovery and gas abstraction....EVM chains may also come up a level if they extend support to EIP-7702....MegaETH has experimentally enabled EIP-7702 on their testnet....They’ve also extended experimental support to EIP-7702, as I previously noted.
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13 Min
Layer 1 / L1
Mar 2025
However, with the advent of enforceable on-chain royalty solutions, such as EIP-4910 and further developed...EIP-2981 aims to enable universal support for creators, but all marketplaces must implement the royalty...behave in good faith to uphold the NFT ethos of supporting creators was an oversight when creating EIP...
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12 Min
NFTs
Mar 2023
...has contributed to several onchain advancements: driving rollup transactions to sub-cent fees through EIP...Combined with the massive reduction in transaction fees post EIP-4844 (typical fees are now <1 cent...While this is in part because of EIP-4844, the scaling efforts Base has been making (such as raising...
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35 Min
Layer 2 / L2
Nov 2024
BTC is up >150% YTD, on pace for its best year since 2020....Current State of Gold ETFs: As of 2023, the AUM of gold ETFs globally stands at approximately $150 billion...Ethereum implemented EIP-1559 — “the burn” — to make ETH a deflationary asset....EIP-1559 was intended to make Ethereum’s transactions more predictable, which it has!
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76 Min
Macro & Markets
Dec 2023
Two people are separately confronted with the list of numbers [2, 5, 9, 25, 69, 73, 82, 96, 100, 126, 150...Ethereum Development Continues With EIP-4844
Another potential catalyst to put on the radar is Ethereum...’s next major upgrade, EIP-4844 (or Proto-Danksharding) scheduled for Q4 2023....With the introduction of EIP-4844, the DA cost dwindles to 1 ETH.
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44 Min
Macro & Markets
Jul 2023
For example, if the source chain is a Cosmos chain with 150 validators, the destination chain verifies...EIP-4844, AKA Proto-Danksharding
EIP-4844 will be a major milestone for Ethereum L2s (particularly rollups...EIP-4844 relaxes the data requirement on Ethereum L1....EIP-4844 will reduce rollup fees by an order of magnitude.
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83 Min
MEV
Dec 2022
In contrast, Optimism uses a modified Priority Gas Auction model based on EIP-1559, while FastLane is...Optimism’s Priority Gas Auctions (EIP-1559)
Optimism and, consequently, Base, which is based on OP Stack..., use Priority Gas Auctions based on EIP 1559....EIP-1559 doesn’t change the amount of blockspace supplied, so it should not change the level of fees...
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16 Min
Layer 2 / L2
Sep 2024
Later on August 5th 2021, Ethereum underwent the London upgrade which included EIP-1559, this introduced...Transaction Fees & MEV: Since the implementation of EIP-1559 the base fee portion of transactions...ETH Net Issuance and Staking Rate After The Merge
Since its introduction, EIP-1559 has led to ~$6.8B...
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11 Min
Proof-of-Stake
Apr 2022
Zebedee is currently working with a reported 60 developers and roughly 300 games (~150 of which are live...Based on Zebedee’s reports, Braindoku noticed an average increase in retention of between 100%-150% from...least two events) was 50% greater, with the average playtime per user (total time spent in the app) 150%...
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22 Min
Gaming
Nov 2023
...collected by L2 sequencers have drastically reduced since the launch of blobs (i.e. the rollout of EIP...In a pre-EIP 4844 Ethereum, Arbitrum had been able to more than triple the fees they were collecting...Post EIP-4844 and leading up to the ZK airdrop, zkSync generated fees on par with Arbitrum daily.
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25 Min
DeFi
Jul 2024
ETH Burns Can Further Heat Up
On Monday, we spoke about EIP-1559 burns amounting to 17,000 ETH ($53...The old style of Ethereum transactions where miners receive the entire fee now co-exists with EIP-1559...Interestingly, EIP-1559 transactions still account for the minority of Ethereum transactions since launch...
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4 Min
DeFi
Aug 2021
At that level, the token would effectively be yielding north of 150% annually at today’s market cap,...revenue-to-tokenholder alignment would unlock a 6x jump in cash flows, push effective yields north of 150%...
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12 Min
Betting
Sep 2025
...had already been working together for more than a year, and contributed heavily to the development of EIP...Also called Proto-Danksharding, EIP-4844 will decrease L2 transaction fees by 10-100x.
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8 Min
null
Mar 2023
Proto-danksharding (EIP-4844)
DS is awesome, but we’ll have to be patient....-1559 to a new exponential EIP-1559 mechanism....An easier to implement band-aid would be EIP-4488....Even if EIP-4444 is implemented in tandem with EIP-4488, this only prunes execution payload history after...
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51 Min
Layer 1 / L1
May 2022
...asset, with a simulated yearly net deflation of -2.2% based on historical burns that happened since EIP...For more on ETH and the impending merge, Delphi members can revisit our EIP-1559 report here.
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4 Min
Macro & Markets
Mar 2022
6 Min
Layer 2 / L2
May 2023
OJcpz1sAWO
— The Block (@TheBlock__) September 2, 2021
A thread addressing the perceived negative impact of EIP...-1559
“EIP-1559 sucks....I suppose gas prices would be much higher now if we didn’t have EIP-1559....How does EIP-1559 save you $ETH? ??
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3 Min
Layer 1 / L1
Sep 2021