Taylor Monahan, CEO of MyCrypto, and Tim Beiko, Ethereum Foundation core-dev facilitator, discuss the upcoming upgrade to the Ethereum network, EIP 1559. Show highlights: <ul> <li style="font-weight: 400;" aria-level="1">why Tim believes EIP 1559 is necessary</li> <li style="font-weight: 400;" aria-level="1">what narrative is driving EIP 1559</li> <li style="font-weight: 400;" aria-level="1">what problems the network upgrade will solve</li> <li style="font-weight: 400;" aria-level="1">how Ethereum transactions/fees work</li> <li style="font-weight: 400;" aria-level="1">whether gas prices are correlated with ETH/USD</li> <li style="font-weight: 400;" aria-level="1">the 3 main protocol changes that EIP 1559 proposes</li> <li style="font-weight: 400;" aria-level="1">why Taylor, as the CEO of a wallet provider, is wary of EIP 1559</li> <li style="font-weight: 400;" aria-level="1">how EIP 1559 will affect Ethereum’s block size</li> <li style="font-weight: 400;" aria-level="1">what changes wallet providers are considering due to EIP 1559</li> <li style="font-weight: 400;" aria-level="1">whether ‘Black Swan’ events will be more or less likely after the network upgrade</li> <li style="font-weight: 400;" aria-level="1">how EIP 1559 will affect miners</li> <li style="font-weight: 400;" aria-level="1">whether Tim or Taylor believes that miners could fork Ethereum to stop EIP 1559</li> <li style="font-weight: 400;" aria-level="1">how EIP 1559 will change the state of miner extractable value (MEV)</li> <li style="font-weight: 400;" aria-level="1">how Taylor and Tim feel about the Ethereum as sound money narrative in light of EIP 1559</li> <li style="font-weight: 400;" aria-level="1">when EIP 1559 will go live</li> </ul> Thank you to our sponsors! <a href="http://crypto.com/">Crypto.com</a>: <a href= "https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2">https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2</a>     Tezos: <a href= "https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero"> https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero</a>     Conjure: <a href= "https://conjure.finance/">https://conjure.finance</a>      Episode Links   Taylor Monahan <ul> <li style="font-weight: 400;" aria-level="1">Twitter: <a href= "https://twitter.com/tayvano_">https://twitter.com/tayvano_</a></li> <li style="font-weight: 400;" aria-level="1">MyCrypto: <a href= "https://mycrypto.com/">https://mycrypto.com/</a> </li> </ul>   Tim Beiko <ul> <li style="font-weight: 400;" aria-level="1">Twitter: <a href= "https://twitter.com/TimBeiko">https://twitter.com/TimBeiko</a></li> <li style="font-weight: 400;" aria-level="1">Ethereum Foundation: <a href= "https://ethereum.org/en/foundation/">https://ethereum.org/en/foundation/</a> </li> </ul>   EIP 1559 <ul> <li style="font-weight: 400;" aria-level="1">Resources: <a href= "https://hackmd.io/@timbeiko/1559-resources">https://hackmd.io/@timbeiko/1559-resources</a></li> <li style="font-weight: 400;" aria-level="1">Taylor Monahan tweets</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://twitter.com/tayvano_/status/1397725861575421953"> https://twitter.com/tayvano_/status/1397725861575421953</a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://twitter.com/tayvano_/status/1408000351916093441"> https://twitter.com/tayvano_/status/1408000351916093441</a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://twitter.com/tayvano_/status/1407853518493413379"> https://twitter.com/tayvano_/status/1407853518493413379</a></li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Actual proposal: <a href= "https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1559.md"> https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1559.md</a> </li> <li style="font-weight: 400;" aria-level="1">Research: <a href= "http://timroughgarden.org/papers/eip1559.pdf">http://timroughgarden.org/papers/eip1559.pdf</a> </li> </ul>

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Ethereum's EIP-1559 Will Solve Some Problems But Big Ones Will Remain - Ep.250

Laura Shin