It's really underrated how 4 years ago the worst ethereum UX problem was that transactions would often take like 10 min to confirm if you get unlucky with the gasprice, and that problem just completely went away with EIP-1559. Today transactions reliably confirm in 5-20 seconds.

It's really underrated how 4 years ago the worst ethereum UX problem was that transactions would often take like 10 min to confirm if you get unlucky with the gasprice, and that problem just completely went away with EIP-1559. Today transactions reliably confirm in 5-20 seconds.

https://x.com/post_polar_/status/1803406902430236907

How did the original idea for this come about?

Discussions about the problems of first price auctions and second price auctions at

Building ENS since forever.

Interested in identity, cryptography, climbing, health.

Discussions about the problems of first price auctions and second price auctions at https://www.sigecom.org/ec18/

Oh that's super cool that it wasn't a discussion *directly* related to Ethereum. Was it implemented in some capacity elsewhere other than Ethereum?