gm,
it's been 105 days since the activation of EIP-1559, Ethereum's fee market upgrade.
let's take a look at how the network has been faring since 👇
it's been 105 days since the activation of EIP-1559, Ethereum's fee market upgrade.
let's take a look at how the network has been faring since 👇
Since activation, #EIP1559 has saved users a total of $844 million in transaction fees through base fee refunds. Shout-out to @Amberdataio for helping me get this data. 🙌 
The average cost of sending a transaction on #Ethereum has continued to climb, tripling in dollar terms, and doubling in native units since the activation of #EIP1559.
Despite lower earnings from transaction fees, total miner revenue in dollar terms has increased 33%.
56% of new coins issued on #Ethereum has been offset by the amount of $ETH burned through base fees.
For more interesting stats about the short-term impacts of EIP-1559 on users, miners and investors, check out my full report published this morning for @glxyresearch: docsend.com/view/jngzufksn…
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