7 Jul 2021
Topics covered
-----------------------------
1:04 - Introduction
4:10 - Why was the Difficulty bomb introduced?
6:33 - Block time mechanism
8:44 - Why block time recedes (ref to chart)?
10:05 - Why does hash rate matter?
10:41 - Difficulty bomb analogy
11:58 - Summarize the working of difficulty bomb
13:50 - Difficulty equation
14:25 - Takeaway from 2016-2017 difficulty bomb appearance
15:30 - EIP-3554
16:10 - How to calculate the difficulty bomb using a fake block number?
17:45 - Python script for difficulty calculation
19:00 - Simulation of what will happen with half the difficulty & double the difficulty
22:27 - History-timeline of difficulty bombs
23:17 - How is the pushing of the blocks decided? Is there an algorithm? Why is there a big difference in pushing the blocks from Muir Glacier & London?
27:40 - Why ice age exist?
32:20 - Do you see a future for difficulty bombs with PoS & Merge on the horizon?
34:30 - Will EIP-3554 be the final EIP for difficulty bombs or we can expect more?
36:07 - Does market price affect the appearance of a difficult bomb?
38:00 - Is there any research work done on the economic effect of the ice age?
42:55 - What is a PoA chain? Why is the difficult bomb proposal not activated on the PoA chain for testing purposes?
Resources:
-------------------
EIP - https://eips.ethereum.org/EIPS/eip-3554
Discussion - https://ethereum-magicians.org/t/eip-3554-ice-age-delay-targeting-december-2021/6188/8
Slides - https://docs.google.com/presentation/d/1jDIA0TwbzB87WW_3Y0hD7lONUG__nK5cfvGajErv7Wo/edit#slide=id.p
Ethereum Muir Glacier Upgrade (EIP 2384: Muir Glacier Difficulty Bomb Delay) - https://medium.com/ethereum-cat-herders/ethereum-muir-glacier-upgrade-89b8cea5a210
London upgrade proposals - https://www.youtube.com/playlist?list=PL4cwHXAawZxppsQYazgJ3EWWWjY2vNxVp
PEEPanEIP playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Survey:
---------------
Ethereum blockchain users and developers research - https://docs.google.com/forms/d/e/1FAIpQLSeugRHv93fizew0zeqXFOOnQIbjbWnVHoThLJR3f3g6gVvXhQ/viewform
Follow at Twitter
-----------------------------------------------
James Hancock @JHancock | William Schwab @William94029369 | Pooja Ranjan @poojaranjan19
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
-----------------------------
1:04 - Introduction
4:10 - Why was the Difficulty bomb introduced?
6:33 - Block time mechanism
8:44 - Why block time recedes (ref to chart)?
10:05 - Why does hash rate matter?
10:41 - Difficulty bomb analogy
11:58 - Summarize the working of difficulty bomb
13:50 - Difficulty equation
14:25 - Takeaway from 2016-2017 difficulty bomb appearance
15:30 - EIP-3554
16:10 - How to calculate the difficulty bomb using a fake block number?
17:45 - Python script for difficulty calculation
19:00 - Simulation of what will happen with half the difficulty & double the difficulty
22:27 - History-timeline of difficulty bombs
23:17 - How is the pushing of the blocks decided? Is there an algorithm? Why is there a big difference in pushing the blocks from Muir Glacier & London?
27:40 - Why ice age exist?
32:20 - Do you see a future for difficulty bombs with PoS & Merge on the horizon?
34:30 - Will EIP-3554 be the final EIP for difficulty bombs or we can expect more?
36:07 - Does market price affect the appearance of a difficult bomb?
38:00 - Is there any research work done on the economic effect of the ice age?
42:55 - What is a PoA chain? Why is the difficult bomb proposal not activated on the PoA chain for testing purposes?
Resources:
-------------------
EIP - https://eips.ethereum.org/EIPS/eip-3554
Discussion - https://ethereum-magicians.org/t/eip-3554-ice-age-delay-targeting-december-2021/6188/8
Slides - https://docs.google.com/presentation/d/1jDIA0TwbzB87WW_3Y0hD7lONUG__nK5cfvGajErv7Wo/edit#slide=id.p
Ethereum Muir Glacier Upgrade (EIP 2384: Muir Glacier Difficulty Bomb Delay) - https://medium.com/ethereum-cat-herders/ethereum-muir-glacier-upgrade-89b8cea5a210
London upgrade proposals - https://www.youtube.com/playlist?list=PL4cwHXAawZxppsQYazgJ3EWWWjY2vNxVp
PEEPanEIP playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Survey:
---------------
Ethereum blockchain users and developers research - https://docs.google.com/forms/d/e/1FAIpQLSeugRHv93fizew0zeqXFOOnQIbjbWnVHoThLJR3f3g6gVvXhQ/viewform
Follow at Twitter
-----------------------------------------------
James Hancock @JHancock | William Schwab @William94029369 | Pooja Ranjan @poojaranjan19
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
- 3 participants
- 47 minutes
21 Jun 2021
Topics covered
-----------------------------
1:35 - Introduction (Tim)
1:50 - Introduction (Micah)
2:10 - Introduction (Barnabe)
3:00 - Tim’s presentation
3:30 - 1559 Overview
5:28 - Variable sized blocks
7:50 - Feecap & Tip (Priority fee)
10:40 - Block header changes & Transaction format changes
10:55 - Interpret legacy transaction as 1559
11:45 - Fee Burning
13:45 - EIP-1559 Misconception
15:20 - deployment time
16:15 - Barnabe’s presentation
16:30 - What to look for when EIP-1559 launches
17:00 - Oracles: Keep calm and check basefee
19:22 - When is basefee too low?
21:27 - Basefee dynamics
22:54 - About oscillations
23:35 - Other designs
25:13 - Extensions to abm1559
26:10 - Questions
26:20 - How are user interfaces coming along like wallet - Metamask and others?
31:35 - What if a wallet is not ready with a 1559 transaction?
33:35 - Any changes wrt Layer 2 adoption?
37:45 - Are there any analyses published on how much the base fee is burned?
40:45 - What are the changes for miners to consider until PoS?
44:40 - In terms of miners' revenue, is it going to be hard to predict?
46:17 - In terms of consensus for London, do we have miners' consensus, or do we need it? Where do we sit?
49:05 - With 1559 and miners' incentives, is there a way where MEV plays as a revenue stream for miners?
54:20 - Is there a detailed deployment plan that people can follow?
55:53 - A question on market congestion scenario for miners to do
59:40 - Has there been any consideration on the change of gas price with the arrival of sharding?
01:01:17 - For the stakers at Beacon chain, will there be any impact on staking rewards with this proposal?
01:03:05 -Buying gas at low and selling it at a high price, will that functionality still be included?
Resources:
-------------------
EIP - https://eips.ethereum.org/EIPS/eip-1559
Discussion to: https://ethereum-magicians.org/t/eip-1559-fee-market-change-for-eth-1-0-chain/2783
EIP-1559 Resources - https://hackmd.io/@timbeiko/1559-resources
abm1559 notebooks - https://ethereum.github.io/abm1559/
Slides:
(Tim) https://docs.google.com/presentation/d/1uQWc1GZw7ZpjEsus_d-h4gW1CMNxwI1LoTkscKV23xw/edit?usp=sharing
(Barnabe) https://docs.google.com/presentation/d/1vVGaezpoj-sYPPBNSY0LdPyJGIex2zl1cdgipVoMkL0/edit?usp=sharing
Check:
EIP-1559 (Episode 16) - https://youtu.be/ZbSKo_x9RvU
London proposals playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxppsQYazgJ3EWWWjY2vNxVp
PEEPanEIP playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Survey:
---------------
Ethereum blockchain users and developers research - https://docs.google.com/forms/d/e/1FAIpQLSeugRHv93fizew0zeqXFOOnQIbjbWnVHoThLJR3f3g6gVvXhQ/viewform
Follow at Twitter
-----------------------------------------------
Tim Beiko @TimBeiko | @barnabemonnot | Micah Zoltu @MicahZoltu | Shane Lightowler @Coldsnap | William Schwab @William94029369 | Pooja Ranjan @poojaranjan19
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
-----------------------------
1:35 - Introduction (Tim)
1:50 - Introduction (Micah)
2:10 - Introduction (Barnabe)
3:00 - Tim’s presentation
3:30 - 1559 Overview
5:28 - Variable sized blocks
7:50 - Feecap & Tip (Priority fee)
10:40 - Block header changes & Transaction format changes
10:55 - Interpret legacy transaction as 1559
11:45 - Fee Burning
13:45 - EIP-1559 Misconception
15:20 - deployment time
16:15 - Barnabe’s presentation
16:30 - What to look for when EIP-1559 launches
17:00 - Oracles: Keep calm and check basefee
19:22 - When is basefee too low?
21:27 - Basefee dynamics
22:54 - About oscillations
23:35 - Other designs
25:13 - Extensions to abm1559
26:10 - Questions
26:20 - How are user interfaces coming along like wallet - Metamask and others?
31:35 - What if a wallet is not ready with a 1559 transaction?
33:35 - Any changes wrt Layer 2 adoption?
37:45 - Are there any analyses published on how much the base fee is burned?
40:45 - What are the changes for miners to consider until PoS?
44:40 - In terms of miners' revenue, is it going to be hard to predict?
46:17 - In terms of consensus for London, do we have miners' consensus, or do we need it? Where do we sit?
49:05 - With 1559 and miners' incentives, is there a way where MEV plays as a revenue stream for miners?
54:20 - Is there a detailed deployment plan that people can follow?
55:53 - A question on market congestion scenario for miners to do
59:40 - Has there been any consideration on the change of gas price with the arrival of sharding?
01:01:17 - For the stakers at Beacon chain, will there be any impact on staking rewards with this proposal?
01:03:05 -Buying gas at low and selling it at a high price, will that functionality still be included?
Resources:
-------------------
EIP - https://eips.ethereum.org/EIPS/eip-1559
Discussion to: https://ethereum-magicians.org/t/eip-1559-fee-market-change-for-eth-1-0-chain/2783
EIP-1559 Resources - https://hackmd.io/@timbeiko/1559-resources
abm1559 notebooks - https://ethereum.github.io/abm1559/
Slides:
(Tim) https://docs.google.com/presentation/d/1uQWc1GZw7ZpjEsus_d-h4gW1CMNxwI1LoTkscKV23xw/edit?usp=sharing
(Barnabe) https://docs.google.com/presentation/d/1vVGaezpoj-sYPPBNSY0LdPyJGIex2zl1cdgipVoMkL0/edit?usp=sharing
Check:
EIP-1559 (Episode 16) - https://youtu.be/ZbSKo_x9RvU
London proposals playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxppsQYazgJ3EWWWjY2vNxVp
PEEPanEIP playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Survey:
---------------
Ethereum blockchain users and developers research - https://docs.google.com/forms/d/e/1FAIpQLSeugRHv93fizew0zeqXFOOnQIbjbWnVHoThLJR3f3g6gVvXhQ/viewform
Follow at Twitter
-----------------------------------------------
Tim Beiko @TimBeiko | @barnabemonnot | Micah Zoltu @MicahZoltu | Shane Lightowler @Coldsnap | William Schwab @William94029369 | Pooja Ranjan @poojaranjan19
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
- 8 participants
- 1:06 hours
14 Jun 2021
Topics covered
-----------------------------
1:03 - Introduction of co-authors
2:53 - EVM Object Format v1 (EIP-3540)
3:54 - Introduction of the EIP
5:10 - Main Motivation of the EIP
9:45 - EOF isn't the EIP but is it related to this?
11:11 - Is the EIP an incremental step for the long-term vision?
12:12 -Context- how it started?
16:10 - EOF Prefix (how EOF works?)
17:10 - EOF prefix
18:30 - EOF validation
19:00 - Can you say what it means to be valid?
19:43 - Validation affects contract creation
20:50 - what if invalid byte code is deployed before EOF rules are activated.
24:45 - Two HF required
27:25 - EOF1 code and data separation
27:38 - Does this affect any of the addresses with 0xEF?
28:55 - EOF 1 spec
31:21 - EOF 1 validation rules
37:50 - EOF 1 spec: format summary
38:50 - EVM execution changes - definitions
41:25 - What data usually in the current code and current contract along with size
46:25 - Implementers’ notes
46:40 - Potential future EOF uses
57:50 - Is validation on Etherscan easier with this?
59:20 - With this proposal for London, do we need a separate proposal for the reduction of refund?
1:01:13 - Any redundancy on the mainchain with EIP-3541 in case 3540 could not be deployed?
1:04:38 - EIP-3540 status
1:05:40 - What is the vision with versioning?
1:07:50 - JUMPDEST
1:12:21 - History - before the Ethereum launch story
Resources:
-------------------
Slides - https://notes.ethereum.org/@ipsilon/eof-peepaneip-presentation
EIP-3540 https://eips.ethereum.org/EIPS/eip-3540
EIP-3541 https://eips.ethereum.org/EIPS/eip-3541
Discussion to - https://ethereum-magicians.org/t/evm-object-format-eof/5727/4
London proposals playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxppsQYazgJ3EWWWjY2vNxVp
Survey:
---------------
Ethereum blockchain users and developers research - https://docs.google.com/forms/d/e/1FAIpQLSeugRHv93fizew0zeqXFOOnQIbjbWnVHoThLJR3f3g6gVvXhQ/viewform
Follow at Twitter
-----------------------------------------------
Alex Beregszaszi @alexberegszaszi | Paweł Bylica @chfast | Andrei Maiboroda @gumb00 | James Hancock @JHancock | William Schwab @William94029369 | Pooja Ranjan @poojaranjan19
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
PEEPanEIP playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
-----------------------------
1:03 - Introduction of co-authors
2:53 - EVM Object Format v1 (EIP-3540)
3:54 - Introduction of the EIP
5:10 - Main Motivation of the EIP
9:45 - EOF isn't the EIP but is it related to this?
11:11 - Is the EIP an incremental step for the long-term vision?
12:12 -Context- how it started?
16:10 - EOF Prefix (how EOF works?)
17:10 - EOF prefix
18:30 - EOF validation
19:00 - Can you say what it means to be valid?
19:43 - Validation affects contract creation
20:50 - what if invalid byte code is deployed before EOF rules are activated.
24:45 - Two HF required
27:25 - EOF1 code and data separation
27:38 - Does this affect any of the addresses with 0xEF?
28:55 - EOF 1 spec
31:21 - EOF 1 validation rules
37:50 - EOF 1 spec: format summary
38:50 - EVM execution changes - definitions
41:25 - What data usually in the current code and current contract along with size
46:25 - Implementers’ notes
46:40 - Potential future EOF uses
57:50 - Is validation on Etherscan easier with this?
59:20 - With this proposal for London, do we need a separate proposal for the reduction of refund?
1:01:13 - Any redundancy on the mainchain with EIP-3541 in case 3540 could not be deployed?
1:04:38 - EIP-3540 status
1:05:40 - What is the vision with versioning?
1:07:50 - JUMPDEST
1:12:21 - History - before the Ethereum launch story
Resources:
-------------------
Slides - https://notes.ethereum.org/@ipsilon/eof-peepaneip-presentation
EIP-3540 https://eips.ethereum.org/EIPS/eip-3540
EIP-3541 https://eips.ethereum.org/EIPS/eip-3541
Discussion to - https://ethereum-magicians.org/t/evm-object-format-eof/5727/4
London proposals playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxppsQYazgJ3EWWWjY2vNxVp
Survey:
---------------
Ethereum blockchain users and developers research - https://docs.google.com/forms/d/e/1FAIpQLSeugRHv93fizew0zeqXFOOnQIbjbWnVHoThLJR3f3g6gVvXhQ/viewform
Follow at Twitter
-----------------------------------------------
Alex Beregszaszi @alexberegszaszi | Paweł Bylica @chfast | Andrei Maiboroda @gumb00 | James Hancock @JHancock | William Schwab @William94029369 | Pooja Ranjan @poojaranjan19
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
PEEPanEIP playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
- 6 participants
- 1:20 hours
22 Apr 2021
Topics covered
-----------------------------
1:48 - Goals of EIP-3403 (Remove harmful effects of gas refund.)
4:00 - Should we or should we not increase the gas limit?
5:02 - Future of Gas (utility) token if EIP-3403 is actually deployed on the mainnet.
6:47 - Is state bloat a primary problem?
8:40 - Origin of gas tokens
9:45 - Secondary goals
10:50 - Spec - Remove SELF DESTRUCT refunds completely
11:40 - Removing SSTORE refunds in all cases except one.
12:30 - Properties of EIP-3403
13:35 - Gas spent on execution cannot exceed the gas limit
14:35 - there is no way to use this to create a DoS attack
14:45 - Storage slots can not be used as a battery
15:10 - Usage of same storage slot
16:25 - Benefits kept by EIP-3403 and use cases - token approve & send (useful with EIP-3074)
18:04 - Anti-reentrancy locks
20:12 - Weaknesses of EIP-3403
22:45 - Longer-term storage slot rules
27:45 - Tips for developers
29:45 - Why are SLOAD & SSTORE opcodes so expensive?
32:28 - Have you considered not removing zero elements from the state trie after this EIP?
37:25 - On a basic level, what is sub-unit?
44:25 - What are hot and cold storage slots?
46:00 - Discussion on mitigation for non-zero to zero.
54:30 - Are there any notable applications other than arbitrage bot that might be impacted here?
55:18 - How BASE FEE opcode will be better than gas token for some projects?
57:45 - Status of the proposal - is the proposal ready for review?
Resources
--------------------
EIP - https://eips.ethereum.org/EIPS/eip-3403
Discussion - https://ethereum-magicians.org/t/eip-3298-removal-of-refunds/5430
EIP-2929 & EIP-2930 with Vitalik Buterin & Martin Swende - https://youtu.be/qQpvkxKso2E
Follow at Twitter
-----------------------------------------------
Vitalik Buterin @VitalikButerin | Martin Swende @mhswende | Alita Moore @AlitaMoore85 | Brent Allsop @Brent_Allsop | Pooja Ranjan @poojaranjan19
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Follow PEEPanEIP earlier episodes at https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herders/PM
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
-----------------------------
1:48 - Goals of EIP-3403 (Remove harmful effects of gas refund.)
4:00 - Should we or should we not increase the gas limit?
5:02 - Future of Gas (utility) token if EIP-3403 is actually deployed on the mainnet.
6:47 - Is state bloat a primary problem?
8:40 - Origin of gas tokens
9:45 - Secondary goals
10:50 - Spec - Remove SELF DESTRUCT refunds completely
11:40 - Removing SSTORE refunds in all cases except one.
12:30 - Properties of EIP-3403
13:35 - Gas spent on execution cannot exceed the gas limit
14:35 - there is no way to use this to create a DoS attack
14:45 - Storage slots can not be used as a battery
15:10 - Usage of same storage slot
16:25 - Benefits kept by EIP-3403 and use cases - token approve & send (useful with EIP-3074)
18:04 - Anti-reentrancy locks
20:12 - Weaknesses of EIP-3403
22:45 - Longer-term storage slot rules
27:45 - Tips for developers
29:45 - Why are SLOAD & SSTORE opcodes so expensive?
32:28 - Have you considered not removing zero elements from the state trie after this EIP?
37:25 - On a basic level, what is sub-unit?
44:25 - What are hot and cold storage slots?
46:00 - Discussion on mitigation for non-zero to zero.
54:30 - Are there any notable applications other than arbitrage bot that might be impacted here?
55:18 - How BASE FEE opcode will be better than gas token for some projects?
57:45 - Status of the proposal - is the proposal ready for review?
Resources
--------------------
EIP - https://eips.ethereum.org/EIPS/eip-3403
Discussion - https://ethereum-magicians.org/t/eip-3298-removal-of-refunds/5430
EIP-2929 & EIP-2930 with Vitalik Buterin & Martin Swende - https://youtu.be/qQpvkxKso2E
Follow at Twitter
-----------------------------------------------
Vitalik Buterin @VitalikButerin | Martin Swende @mhswende | Alita Moore @AlitaMoore85 | Brent Allsop @Brent_Allsop | Pooja Ranjan @poojaranjan19
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Follow PEEPanEIP earlier episodes at https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herders/PM
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
- 8 participants
- 1:01 hours
13 Apr 2021
Topics:
1:21 - Introduction
2:08 - EIP-3198 Overview
4:00 - Motivation & use cases
6:15 - Futures with Ethereum Gas, is it similar to buying gasoline at low and selling it at high?
8:30 - Do these futures already exist?
9:29 - How is BASE FEE opcode more precise than the gas token?
11:50 - Specification
12:17 - Would this proposal make no change in the BASE FEE but make it easily accessible?
13:11 - How does the present chain work in absence of this proposal?
13:50 - While submitting a transaction, the wallet (Metamask) suggests a gas price, how to derive the gas fee, is it available on the block, or somewhere? Why did 1559 introduce the BASE FEE?
15:50 - What is the primary change in estimation of the gas fee?
17:00 - Does the BASE FEE exist on the current mainnet?
18:00 - What do you mean by a mint gas token?
20:15 - What is the challenge period?
21:50 - Difference between BASE FEE & gas observability? During client implementation, did you find any edge cases that suggest making gas prices accessible to the EVM is really a security concern?
24:15 - Why burn the BASE FEE with 1559 transactions?
Resources:
EIP - https://eips.ethereum.org/EIPS/eip-3198
Discussion - https://ethereum-magicians.org/t/eip-3198-basefeeopcode/5162
Follow at GitHub or Twitter:
Ratan Rai Sur @RatanRaiSur1 | Alita Moore @AlitaMoore85 | Brent Allsop @Brent_Allsop | Pooja Ranjan @poojaranjan19
Peep an EIP #16: EIP-1559 with Tim Beiko - https://youtu.be/ZbSKo_x9RvU
Ethereum Berlin upgrade community call - https://medium.com/ethereum-cat-herders/ethereum-berlin-upgrade-countdown-community-call-ffa51239c148
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Follow PEEPanEIP earlier episodes at https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Contact Ethereum Cat Herders
---------------------------------------------------
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Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
1:21 - Introduction
2:08 - EIP-3198 Overview
4:00 - Motivation & use cases
6:15 - Futures with Ethereum Gas, is it similar to buying gasoline at low and selling it at high?
8:30 - Do these futures already exist?
9:29 - How is BASE FEE opcode more precise than the gas token?
11:50 - Specification
12:17 - Would this proposal make no change in the BASE FEE but make it easily accessible?
13:11 - How does the present chain work in absence of this proposal?
13:50 - While submitting a transaction, the wallet (Metamask) suggests a gas price, how to derive the gas fee, is it available on the block, or somewhere? Why did 1559 introduce the BASE FEE?
15:50 - What is the primary change in estimation of the gas fee?
17:00 - Does the BASE FEE exist on the current mainnet?
18:00 - What do you mean by a mint gas token?
20:15 - What is the challenge period?
21:50 - Difference between BASE FEE & gas observability? During client implementation, did you find any edge cases that suggest making gas prices accessible to the EVM is really a security concern?
24:15 - Why burn the BASE FEE with 1559 transactions?
Resources:
EIP - https://eips.ethereum.org/EIPS/eip-3198
Discussion - https://ethereum-magicians.org/t/eip-3198-basefeeopcode/5162
Follow at GitHub or Twitter:
Ratan Rai Sur @RatanRaiSur1 | Alita Moore @AlitaMoore85 | Brent Allsop @Brent_Allsop | Pooja Ranjan @poojaranjan19
Peep an EIP #16: EIP-1559 with Tim Beiko - https://youtu.be/ZbSKo_x9RvU
Ethereum Berlin upgrade community call - https://medium.com/ethereum-cat-herders/ethereum-berlin-upgrade-countdown-community-call-ffa51239c148
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Follow PEEPanEIP earlier episodes at https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.gg/tzYmDmF
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herders/PM
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
- 5 participants
- 28 minutes
21 Dec 2020
EIP: https://eips.ethereum.org/EIPS/eip-1559
Discussion to: https://ethereum-magicians.org/t/eip-1559-fee-market-change-for-eth-1-0-chain/2783
Slides: https://docs.google.com/presentation/d/1f2JMtKZNMDc9jnG3R-40m-NZp8RhcHkhZbIBimY4-QU/edit#slide=id.g8cb00373fc_0_96
Topics covered:
1:05 - Introduction
1:36 - Overview EIP-1559
4:30 - Transaction & block format
6:36 - “200% Full” blocks
9:26 - Fee burning
11:47 - EIP-1559 Misconception
13:18 - Current status - Client Implementation
16:16 - R&D and Simulation
18:14 - Next Steps - The road to mainnet
20:14 - Questions
20:40 - How has 1559 evolved since the initial proposal? What are the unexpected discoveries?
22:30 - About mining algorithm - Would it be profitable for miners to delay mining in order to get to a profitable transaction with a higher tip?
24:33 - What makes it harder to sort for a miner?
27:04 - Base fee + tip, should those be lower than gas prices at the time of congestion?
28:33 - Since the first-price auctions, users are overbidding, could you describe more how users are overbidding right now?
30:40 - How Tim Roughgarden got insight on Ethereum at the protocol level?
31:32 - Timeline for shipping 1559 v1?
32:52 - Which proposals are coming with Berlin upgrade?
36:36 - How easy/difficult is the 1559 implementation in the Ethereum chain as compared to other projects?
38:38 - Outreach & effect on legacy transaction users?
40:07 - Is there any plan to transition from the old pool to the new pool? How that is going to happen?
40:38 - EIP status - is it the right time to move it to the “In review”?
Follow at Twitter:
Tim Beiko @TimBeiko | Pooja Ranjan @poojaranjan19 | William Schwab @William94029369 | Dragan Rakita @rakitadragan
Check out other exciting EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Contact Ethereum Cat Herders
Discord: https://discord.gg/sgdnxZe
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herders/PM
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
Discussion to: https://ethereum-magicians.org/t/eip-1559-fee-market-change-for-eth-1-0-chain/2783
Slides: https://docs.google.com/presentation/d/1f2JMtKZNMDc9jnG3R-40m-NZp8RhcHkhZbIBimY4-QU/edit#slide=id.g8cb00373fc_0_96
Topics covered:
1:05 - Introduction
1:36 - Overview EIP-1559
4:30 - Transaction & block format
6:36 - “200% Full” blocks
9:26 - Fee burning
11:47 - EIP-1559 Misconception
13:18 - Current status - Client Implementation
16:16 - R&D and Simulation
18:14 - Next Steps - The road to mainnet
20:14 - Questions
20:40 - How has 1559 evolved since the initial proposal? What are the unexpected discoveries?
22:30 - About mining algorithm - Would it be profitable for miners to delay mining in order to get to a profitable transaction with a higher tip?
24:33 - What makes it harder to sort for a miner?
27:04 - Base fee + tip, should those be lower than gas prices at the time of congestion?
28:33 - Since the first-price auctions, users are overbidding, could you describe more how users are overbidding right now?
30:40 - How Tim Roughgarden got insight on Ethereum at the protocol level?
31:32 - Timeline for shipping 1559 v1?
32:52 - Which proposals are coming with Berlin upgrade?
36:36 - How easy/difficult is the 1559 implementation in the Ethereum chain as compared to other projects?
38:38 - Outreach & effect on legacy transaction users?
40:07 - Is there any plan to transition from the old pool to the new pool? How that is going to happen?
40:38 - EIP status - is it the right time to move it to the “In review”?
Follow at Twitter:
Tim Beiko @TimBeiko | Pooja Ranjan @poojaranjan19 | William Schwab @William94029369 | Dragan Rakita @rakitadragan
Check out other exciting EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Contact Ethereum Cat Herders
Discord: https://discord.gg/sgdnxZe
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herders/PM
Email: support@ethereumcatherders.com
Website: https://www.ethereumcatherders.com/
- 4 participants
- 44 minutes