most citedBase Fee Manipulation In Ethereum's EIP-1559 Transaction Fee Mechanism

6 citations

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1 paper

cs.GT2023★ 6 cited

Base Fee Manipulation In Ethereum's EIP-1559 Transaction Fee Mechanism

Sarah Azouvi, Guy Goren, Lioba Heimbach +1

In 2021 Ethereum adjusted the transaction pricing mechanism by implementing EIP-1559, which introduces the base fee - a network fee that is burned and dynamically adjusts to the ne…