ethereum-burn-stats VS solidity

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.

Have a basic understanding of Solidity.

Solidity Solidity emerged as the first-ever programming language for smart contracts and remains the most extensively utilized language in the Web3 space due to its first-mover advantage. It serves as the primary language for developing applications today on Ethereum and Ethereum Virtual Machine (EVM) compatible blockchains, including Binance Smart Chain and Tron.

40. Solidity - $72,656

Solidity - Smart contract programming language.

The cool part is that the entire feedback process employs its own factory contract written in Solidity, without requiring you to create or maintain your own smart contract.

Inconsistent gas usage for conversion of calldata to memory in external call and internal call. · Issue #14444 · ethereum/solidity (github.com)

There is a new PUSH0 opcode that allows to directly push 0 onto the EVM stack. You can checkout the change log here - https://github.com/ethereum/solidity/releases/tag/v0.8.20

💾: https://github.com/ethereum/solidity/releases/tag/v0.8.20

In this article, we’ll explore what makes Linea so exciting. Then, we’ll walk through a tutorial on how to build a dapp on the Linea testnet. Finally, we’ll create our own cryptocurrency on Linea using Solidity, MetaMask, and Truffle: all mature ecosystem tools that are used by blockchain developers to build dapps.