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EIP-1559: Fee market change for ETH 1.0 chain

Original title
Fee market change for ETH 1.0 chain
Creators
Vitalik Buterin, Eric Conner, Rick Dudley, Matthew Slipper, Ian Norden, Abdelhamid Bakhta
Publication
Publication date unknown
Level
Unspecified
Validity
Validity not assessed
Source status
Availability not verified
Open original source ↗eips.ethereum.org(new tab)

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Editorial reading note

The checked portions are Abstract; Specification in the pinned version. The original title is Fee market change for ETH 1.0 chain.

Transaction type 0x02 separates the maximum total fee rate from the maximum priority fee rate. The base fee adjusts with the parent block's usage relative to its gas target and is burned; the sender's base and priority fees together are bounded by the maximum total fee rate. Trace one transaction's caps and actual payment alongside block conditions instead of collapsing the fee structure into one rate.

Reading level: spec_text; only the sections above were checked. Pinned version: dc5d5fa688b7fe87b95a907fcc128b4fde2f4d2f (https://github.com/ethereum/EIPs/blob/dc5d5fa688b7fe87b95a907fcc128b4fde2f4d2f/EIPS/eip-1559.md). These notes explain normative requirements; they are not a full reading, implementation verification or security audit and do not establish implementation compliance.

Editorial review: Nov 2, 2026 · Machine-assisted editorial text, reviewed by an editor.

Selection basis

A specification entry point for separating fee caps, base fees and priority fees.

Editorial selection is not community consensus, author endorsement, or a credibility probability.

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