
Editor's Note: This article comes fromCybtc Blockchain (ID: cybtc_com), reprinted by Odaily with authorization.
Editor's Note: This article comes from
Cybtc Blockchain (ID: cybtc_com)
Cybtc Blockchain (ID: cybtc_com)
, reprinted by Odaily with authorization.
People who have experienced the 17-year bull market basically know the dispute over the block size of Bitcoin. At that time, although the New York Conference and the Hong Kong Conference basically confirmed the expansion measures of Bitcoin, after segwit, there are still many people who are still interested in Bitcoin. Feeling confused about the future, which once led to the fact that Bitcoin basically did not increase much in the first half of 2017.
Afterwards, the debate in the community made the voice of Bitcoin fork more and more louder. Many people took a wait-and-see attitude. It was not until the final fork that the currency price ushered in a surge. Essentially, the fork of Bitcoin is a miner In the battle between groups such as core and core, each chooses for its own benefit.
Although this scene has passed, Ethereum is currently facing similar problems and troubles, that is, EIP1559.
EIP1559 is a fee improvement plan proposed by Vitalik, the founder of Ethereum. EIP1559 simply divides the miner's fee into two parts: basic fee and tip. The basic fee rate is the minimum requirement for transactions on the chain. Pay the same basic fee, which can ensure that your transaction is on the chain, and this part of the basic fee will also be destroyed after it is on the chain, which is beneficial to all Ethereum holders, and the remaining tip is the procedure obtained by the miners It is said that the tip is mainly to compensate the miners for the increased risk loss caused by incorporating the transaction into the uncle block of the block. Generally, it is a relatively fixed value, and such a tip is naturally much less.
In this way, the transaction fee on the chain will be reduced a lot, and secondly, a large part of the fee miners did not get it, so we can understand EIP1559 as a proposal to reduce the income of miners. EIP1559 reduces the income of miners, because the original The miners who get the service fee need to destroy part of the income according to the requirements, so as to benefit all the holders.
There is such a conspiracy theory about the outbreak of defi on Ethereum in June 2020, which made many people start to pay attention to the defi ecology of Ethereum. However, the large mining pools and miners are discussing to do their best to continue to trade left-handed and right-handed on Ethereum at this time, so as to increase the overall level of GAS fees, and finally the handling fee will rise until fifty or sixty GWEI Even with more than 100 GEWIs, most of the miners’ transfer fees are returned to their own pockets in the form of mining, but the high fees are difficult to come down due to market demand. This situation is similar to the hype of digital currency. During the bear market, the price is low and no one buys it. When the bull market comes, the price is raised. In the end, the currency price is at a high level, and it is difficult to fall down for a while, so that miners can get more profits.