3 ms·
Part is burned, part goes to stakers. EIP-1559 is the Ethereum patch that introduced the fee burn in Aug 2021. It's a bit complex, but basically speaking, the
by everfree 4y ago
Part is burned, part goes to stakers.
EIP-1559 is the Ethereum patch that introduced the fee burn in Aug 2021.
It's a bit complex, but basically speaking, the higher demand is for the network, the more expensive transactions become and the more ETH gets burned.