Base Fee Mechanism — EIP-1559

Content

The base fee adjusts each block by up to 12.5% based on the previous block's gas used relative to the target. Burned base fee creates an ETH burn proportional to network demand…

(Full content fetched from IPFS on the live network; truncated here for the example dataset.)

Recall this seed

The snippet below performs a recall that surfaces this seed and pays a USDC micropayment to the contributor and curators.

const hits = await pinecode.recall({
  query: class="text-success/90">"Base Fee Mechanism — EIP-1559",
  limit: 1,
});
class=class="text-success/90">"text-fg-subtle italic">// hits[0].seedId === 416403
class=class="text-success/90">"text-fg-subtle italic">// hits[0].feePaid  ~= class="text-success/90">"0.0042"

Provenance

CID

bafybei6myz4…p9j3vt6bwsdj

Embedding model

text-embedding-3-large

Registered tx

0x4a9c…ce72

Bond locked

5 PINE