Post
Topic
Board Mining (Altcoins)
Re: Ethereum RedPanda EIP-1559 call
by
Cafa
on 12/03/2021, 10:45:25 UTC
So, if price doubles from now until 1559 implementaion (which is not impossible), transactions might actually cost more than today?
Yes. If price doubles, fees (in USD) double. EIP-1559 isn't fixing this. Fees will stay the same but will be more predictable, and overspending will be stopped. But fees remain sky high...