tldr; Most individuals solely know of EIP-1559 as “that factor that burns ETH” however it’s so rather more than that. It regulates blockspace in a hyper-efficient method in order that the community doesn’t turn out to be slowed down for lengthy intervals of time when demand spikes. This sort of factor occurs ceaselessly within the Ethereum ecosystem the place a serious piece of infrastructure goes dwell and other people principally simply deal with one specific facet of it.
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