ethereum-burn-stats VS eth-gasnow-extention

EIP-1559 was a surprise to me in a good way. We had spent so much time imagining what it would look like, probably expecting it to be a bit rough around the edges at first. The adoption numbers at the beginning were not high (still lots of type 0/1 transactions) but the basefee was working like a charm. Props to watchtheburn.com and perema's fee feed, which I used to track the early deployment!

Transaction fees are burned, but the transactions fees are so low that the burnt amount is unnoticeable. Burns are in the tens of millions of dollars while issuance is 100x greater in the billions of dollars. Compare this to Ethereum's burn, which currently reduces issuance by nearly 60%.

Ethereum PoS is one of the ONLY networks that's expected to be deflationary due to its extremely-high fees. Ethereum PoW's amount of inflation is now offset 35% in Jun 2022 by the amount burned per transaction from EIP-1559. After the merge, the issuance is expected to drop 80%, making Ethereum PoS the first popular blockchain that will have supply deflation and become a positive-sum investment.

Much love and respect to the individuals/teams that coded and hosted watchtheburn.com 🔥 for the last year. They kept the site up a few days longer than they initially planned for, but have now officially shut down.

WatchTheBurn shows a total of 3,099,476 ETH since eip1559

https://watchtheburn.com/ is closing down?

look at the tips column of this website https://watchtheburn.com/ to see what miners are earning now.

Gas fees are not at 1000 gwei all the time, as some screenshots might suggest. You can see the historic average gas price on gasnow.org

Just noticed https://www.gasnow.org/ now redirects to www.bitcoin.org

There's your first mistake. Secondly, be in no doubt that BTC maxi culture isn't just some "slightly over the top allegiance". It genuinely is like a batshit crazy religious cult, but also organized. Check it out: https://www.gasnow.org has been purchased and now points to bitcoin.org. Crazy people do shit like that.

I think everyone already knows that https://www.gasnow.org/ will end all services at 16:00 UTC+0 on the 15th of October, 2021 .

swapping looks like its about 186 USD in fees so I would be aware of that , found this according to this site, be aware that site is going away in about 5 days. Also another thing to be aware as of right now eth gas fees are ridiculous 500+

also for exchanges not listed there like coinbase , who uses whatever network fees are when you do exchange, you can look here to see how much swap fee would be relatively speaking. Gas fees aren't really high right now so it may not be best judge of what you or your dad would be paying to transfer.

There are websites like this where you can view the fluctuation at certain times in the past week. Not necessary though as the lowest every week is pretty consistently 2-3am EST on mondays and Tuesdays

Depends on what the fees are at the time you want to Bridger over, keep track live average fees here as we have no control over them: https://www.gasnow.org/

This was my go to site to check gas prices when I was thinking of buying a particular token, as it shows at a glance approximately what it would cost in fees https://www.gasnow.org

Yesterday someone posted about alternatives to gasnow.org since they are calling it quits. The gas estimator service from Blocknative (blocknative.com/gas-estimator) was mentioned.