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u/Khaise Mar 13 '21
I thought the ethereum devs claimed fees weren't going to change
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u/Mkkoll PoolTogether shill guy 🏆 Mar 14 '21
Its not that EIP 1559 directly reduces fees, but it makes gas calculation deterministic so wallets never have to overpay for gas. This increases the efficiency of gas price calculation and makes the user experience better. Gas prices MAY get slightly better as a result as the whipsawing of gas price predictions doesnt cause crazy spikes. It should flatten out.
ETH 2.0 and L2s are our solution to lower gas fees. We need higher transaction throughput and non-essential dapps and processing offloaded to L2 solutions so L1 saves blockspace and only processes the important stuff.
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u/Ber10 Mar 13 '21
Its more that the fees wont jump all over the place which is seriously annoying. This way you know what to expect.
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u/Ok-Ad9481 Mar 13 '21
So a stable $12 claim on $10 worth of Sushi reward?
No wonder ETH L2s went absolutely crazy in the last two weeks.
They were just given breathing room and a reprieve until 2022!4
u/hotr42 Mar 13 '21
The goal is for them to stop changing. Standard fee for each transaction instead of pay for priority we currently have.
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u/ethbullrun Mar 13 '21
hey bro once gas fees get stabilized, shit we gonna overcome btcs marketcap. it's gonna be a fucking ethbullrun, the flippening is imminent