14/01/2021

Ethereum network and manipulations

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In cooperation with Nethermind, I published another research on EIP-1559.  If you don't remember or don't know it, EIP-1559 is an improvement that replaces the auction-based fee market in Ethereum network with a basefee and a tip. The difference between the basefee and the tip is that the first one is paid by a user and burned by the protocol, and the tip is paid directly to the miner. This time I focus on the possibility of the basefee manipulation. As everywhere where the money is involved, somebody can try to cheat the system. You can find the article here.

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