Web3 Onboard is proud to support EIP- 6963. But what is EIP-6963 and how does it help? Let’s break it down for you… 🧵👇 Connecting wallets to dapps is a critical interface that can make or break a user’s experience. Until recently, dapp developers grappled with a significant challenge: if a user has multiple browser extensions/wallets (most of us these days!), it is completely unpredictable as to which wallet actually connects to the dapp.

🚨 New data shows the surprising reality of Ethereum Gas Fees during major #NFT launches.

Hint: it’s not what you might expect.

It turns out that the Base Fee and Priority Fee combine during NFT launches to create a tabletop in Ethereum Gas Fees.

🧵 First, we will explore the @galaxy_eggs drop:

💸 Fees are effectively 2,000 GWEI
📈 Initially the Base Fee is low, so the Priority Fee drives the market until Base Fees catch up

(note we are looking at Min Priority Fee)

EIP-1559 adoption is growing — now accounting for nearly 50% of all Ethereum transactions.

Here are updated preliminary results from our Mempool Data Archive:

🪡 Over the past day, Type 2 transactions represented an average of ~46% of total Ethereum transaction volume — up from ~21% (+119%) since we last looked.

Also, at least one hour saw a burst above 55%.

EIP-1559 📈

Our team is excited to introduce Mempool Explorer, a net-new way to build real-time streams of in-flight transaction data. Builders & traders can now easily work with live mempool data.

Read the blog ➡️ blog.blocknative.com/blog/explorer
Go hands-on ➡️ explorer.blocknative.com
Thread ⬇️ What can you do with #MPEX?

💸 Detect when >$10k of liquidity BEGINS to move in or out of a protocol
💬 Send slack messages for every inbound or outbound pending TX associated with your hot wallet
🪄 Know when an Oracle is in the process of updating

& much more.

🚨 Mempool Congestion Alert 🚨

We are seeing sustained high rates of transaction eviction over the past several days.

For more on the impact of transaction eviction, see our Black Thursday post: blog.blocknative.com/blog/mempool-f… For perspective: Last night we tweeted that one of our large North American nodes had ~160,000 pending transactions in its mempool.

https://twitter.com/blocknative/status/1293763620136841217

But a default configuration Geth node has 4,096 slots (and shared memory at that).

🤔

1/14

Just published: “Evidence of Mempool Manipulation on Black Thursday: Hammerbots, Mempool Compression, and Spontaneous Stuck Transactions”

blog.blocknative.com/blog/mempool-f…

⬇️ 2/14

This is the first time we have published results from our forensic Mempool Archive. The investigation surfaced 3 major contributing mempool factors to the events on March 12 and 13:

⏰💳 Stuck Transactions
🧠🪗 Mempool 'Compression’
🔨🤖 Hammerbots

Let's explore:

Stablecoins are driving growth in #blockchain transactions for 2020 — now sustaining over $1B/day in avg. transaction volumes.

To better understand this market, we created a new report: “From Stablecoins to Crypto Dollars.”

🔎 Let's dig in to the highlights: To better understand the growth of the stablecoin market, we leveraged @coinmetrics’ public data set in creating this report.

Since the market launched in 2017, the issuance and adjusted transfer value have seen impressive growth:

Since the dawn of time, we have seen 3.1 billion #blockchain transactions. 37% of those — 1.1 billion — happened in 2019 alone.

This led us down the rabbit hole of asking how quickly #web3 is growing? And... When 1 Billion #Ethereum Transactions? 🚀

blog.blocknative.com/blog/one-billi… As specialists in in-flight transactions, we think deeply about transaction volumes. So we worked with @coinmetrics' community data set to build a CAGR growth model.

The blockchain industry is growing at a 5-year CAGR of 44%.

1/6: Have you been struggling to get your friends and family interested in #blockchain? We have... So we kicked off a new blog series called Beyond Chainsplaining. Here are the high points → 2/6: Our goal with this series is to introduce the crypto-curious to relatable metaphors so they can begin to make sense of this new world. In our most recent post we explore "Blockchain as Bricks in a Wall". There are 10 key points to the metaphor: