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170 - Burning MEV with Justin Drake and Dom
Bankless
The Importance of EIP 1559
EIP 1559 is the protocol that started burning Ethereum and helped solve congestion issue, basal level of blocks-based demand. Now, we have a more efficient mechanism for partitioning that out. We created this Oracle, so ETH becomes self-aware of how much block space is demanded and how much it's consuming. This does the same thing with contention. And remember, contention is that desire to be the number one transaction.
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