EIP-1559 EXPLAINED: The Bull Case For ETH, Deflation, and Scalability

In this video I take a deep dive into the underlying mechanisms behind EIP-1559 and explain how it may solve congestion issues on the network while providing a universal dividend to users on the protocol.

EIP-1559 introduces deflationary mechanisms to ether as an asset, and it may change how we look at the Ethereum ecosystem entirely.

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SOCIALS:

[ThierryQuerette]

Very good. Waiting for the next video.

[nchhon]

Great videos guys!! Seriously crushed it.

[VeaireProductions]

Listened 3 times to ensure absorption.

If I may speak simply, nobody’s talking about EIP-1559 because they don’t understand it thoroughly enough.
Ethereum is still a baby like most of the tokens, DAO’s, and coins available today. Fortunately this network is being built based on the previous example of how markets function in most, if not every country in the world.

Ethereum needs no adoption, for it will adopt us.

Thank you!

[ylacs]

Nice explainer thanks.

At 3:08 you say more miners means more throughput, not sure if that's correct?

[billclinton]

Just a suggestion since you’re a small account but I’ve been following your tweets for a bit, take a minute and speak slower and really verbalize what you’re saying. You sound like you’re rushing through a script. While the content is still top quality, a clear speech is better for longevity. Just my 2¢

[gbzygil]

also, plz speak a little louder next time plz :)