August 13, 2021
Mathematics for the Impatient - London Hard Fork EIP1559
Welcome to "Mathematics for the Impatient" with SKALE CTO and cofounder Stan Kladko. This series is designed to take a look at the mathematics behind blockchain and present it in a way that is easily consumable and understandable. Today's topic is a breakdown of what the London Hard Fork EIP1559 is really doing with regards to fees and burning.
0:23 What is the London Hard Fork EIP1559?
1:17 What is the need?
3:20 Front running/MEV problem
4:20 The pricing solution
5:56 How the prices change
8:08 Fee burning
12:00 Miner issues
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