This will completely change Ethereum transaction fees | EIP 1559 Explained

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[WilsonLee]

As someone who is new to the blockchain world, this drama between EIP-1559 and the network's miners has been very interesting. At the end of the day, the implementation of EIP-1559 confirms that decentralized platforms are here for the user experience, as a utility for the public to use, and not some sort of money making scheme.

[MiningChamber]

Miner here 👋🏼 great video! Picked up some really good information on EIP-1559 from this video!

[rakshitsingh]

Excellent!! Really good explanation :)

[Techonsapevole]

Great, which Etherem L2 can really help to scale?
Have you tried Mirror finance on Terra $LUNA blockchain ?

[emilyb]

such a great explanation!
But just wondering how wallets will go about determining the inclusion fee, like will most likely scenario be that the inclusion fee is the absolute minimum payable because the gas fee limit has increased to such that there's no real competing for blocks anymore as there is enough room for pretty much all the transactions to be filled, regardless of miners prioritising those that choose to pay a high inclusion fee?
Will wallets likely just all set a base low inclusion fee that is consistent across the board?

[subujekupadupa]

Can you make video showing how to create yield farm?

[stormsurge]

Hello, great video again brother. I was just wondering how the market is for junior blockchain developers in the west (I live in the US), as in how easy it is to get hired as a junior dev compared to other development jobs. I’ve heard mixed things, some say it’s really easy because of the demand relative to supply, but I also see people saying that most of the jobs require at least a couple years of development experience. I want to get into the space but I don't know if I should get a job as a web dev first.

[jasonmasters]

it will not lower fees. it will artificially inflate the price and raise the transaction fees.

[sanjeevaug]

Can you please make a tutorial for people who wants to learn, how to Connect with Pancake Exchange using node.js file and also how to retrieve data, like price of any token from there?

[BasharA]

Look at all the revenue generated by miners, and they're still not happy and want us to keep paying these ridiculous gas fees.

[diegojimenez]

I still dont understand why miners dont like this?
They should have plenty of ETH coins which means the ones they have will raise in value?

[Soultilt]

#HOGE Finance 🚀🚀🚀🌑 Buy your ticket now before we lift off!!!

[davycrockett]

Great video. Damn EIP1559 is really needed.

[rafael]

From 100usd gas fee to 10 usd ... And Bnb still 0.20, Ethereum is Beta, Binance Smart Chain is already a final product.

[aoncrypto]

Thank you for teaching me more about Ethereum. I will keep studying more about the blockchain. Keep up the great work. Very informative content.

#430aoncrypto