## EIP-1559: How Ethereum Revolutionized the Fee System
Before August 2021, those operating on Ethereum faced a classic problem: gas fees were unpredictable and often explosive. The protocol used a simple auction mechanism, where each user offered a different gas price, competing for the inclusion of their transactions in the blocks. The result? Network congestion caused chaos in prices.
EIP-1559 arrived as a response to this volatility. Launched during the London hard fork, this update completely restructured the Ethereum network's fee pricing system, introducing a much more stable and pr
Before August 2021, those operating on Ethereum faced a classic problem: gas fees were unpredictable and often explosive. The protocol used a simple auction mechanism, where each user offered a different gas price, competing for the inclusion of their transactions in the blocks. The result? Network congestion caused chaos in prices.
EIP-1559 arrived as a response to this volatility. Launched during the London hard fork, this update completely restructured the Ethereum network's fee pricing system, introducing a much more stable and pr
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