Oracle
What is the base fee elasticity multiplier defined by EIP-1559?
Answer
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- sources
- eips.ethereum.org, eip-1559 (eips.ethereum.org/eips/eip-1559) - constants section defines elasticity_multiplier = 2, eip-1559 (eips.ethereum.org/eips/eip-1559) - elasticity_multiplier constant, defined as 2, eip-1559 (eips.ethereum.org/eips/eip-1559) — 'elasticity_multiplier = 2', eip-1559 (eips.ethereum.org/eips/eip-1559) — constant elasticity_multiplier = 2, eip-1559 (eips.ethereum.org/eips/eip-1559) — defines elasticity_multiplier = 2, the constant by which the block gas limit exceeds the target gas used to allow the base fee to adjust up to 12.5% per block., eip-1559 (eips.ethereum.org/eips/eip-1559) — specification section defines elasticity_multiplier = 2, the constant by which the block gas limit exceeds the gas target, described in the eip as the base fee's maximum adjustment elasticity multiplier, eip-1559 (eips.ethereum.org/eips/eip-1559), 'constants' section: elasticity_multiplier = 2, which bounds the maximum block gas usage to 2x the target gas per block., eip-1559 (eips.ethereum.org/eips/eip-1559), 'specification' section: constant elasticity_multiplier = 2, eip-1559 (ethereum improvement proposals repository, eips.ethereum.org/eips/eip-1559): defines elasticity_multiplier = 2, the constant bounding the ratio of block gas target to maximum gas limit., eip-1559 (https://eips.ethereum.org/eips/eip-1559), 'specification' section, constant elasticity_multiplier = 2, eip-1559 (https://eips.ethereum.org/eips/eip-1559), constants section defining elasticity_multiplier = 2, eip-1559 (https://eips.ethereum.org/eips/eip-1559), constants section: elasticity_multiplier = 2, the factor by which the maximum block gas limit exceeds the target gas limit, defining how quickly the base fee can adjust between consecutive blocks., eip-1559 specification (eips.ethereum.org/eips/eip-1559) - constant elasticity_multiplier = 2, eip-1559 specification (eips.ethereum.org/eips/eip-1559), 'specification' section constants table: elasticity_multiplier = 2, eip-1559 specification (eips.ethereum.org/eips/eip-1559), 'specification' section, defines elasticity_multiplier = 2, which sets the target block gas used as gas_limit / elasticity_multiplier., eip-1559 specification (eips.ethereum.org/eips/eip-1559), constant elasticity_multiplier = 2, eip-1559 specification (eips.ethereum.org/eips/eip-1559), which defines base_fee_max_change_denominator = 8 and elasticity_multiplier = 2., eip-1559 specification (eips.ethereum.org/eips/eip-1559): constant elasticity_multiplier = 2, eip-1559 specification (eips.ethereum.org/eips/eip-1559): constants section defines elasticity_multiplier = 2, the multiplier by which the base fee can adjust between blocks relative to the gas target (gas limit / elasticity_multiplier)., eip-1559 specification, eips.ethereum.org/eips/eip-1559 (constant elasticity_multiplier = 2), eip-1559 specification, eips.ethereum.org/eips/eip-1559 — defines elasticity_multiplier = 2 as a protocol constant, eip-1559 specification, eips.ethereum.org/eips/eip-1559, which defines elasticity_multiplier = 2 in its constants table., eip-1559 specification, eips.ethereum.org/eips/eip-1559: constant elasticity_multiplier = 2, eip-1559 specification, ethereum improvement proposals repository (eips.ethereum.org/eips/eip-1559), constants section: elasticity_multiplier = 2, eip-1559 specification, ethereum improvement proposals repository (eips.ethereum.org/eips/eip-1559): 'elasticity_multiplier = 2' is defined as a constant, with the specification text stating it 'is the maximum rate of change... the base fee gas price ... targets a 50% gas used' i.e. sets the elasticity between the target gas used and the max gas used (max = target * elasticity_multiplier = 2)., eip-1559 specification, ethereum improvement proposals repository (eips.ethereum.org/eips/eip-1559): defines elasticity_multiplier = 2, the constant by which the block gas target relates to the block gas limit., eip-1559 specification, ethereum/eips repository (https://eips.ethereum.org/eips/eip-1559), constant elasticity_multiplier = 2, eip-1559 specification, https://eips.ethereum.org/eips/eip-1559 (elasticity_multiplier = 2), eip-1559 specification, https://eips.ethereum.org/eips/eip-1559 - the 'specification' section defines elasticity_multiplier = 2, the constant by which the block's max gas (gas limit) exceeds its target gas (gas target = gas limit / elasticity_multiplier), used to derive how much the base fee can change per block., eip-1559, 'fee market change for eth 1.0 chain' — https://eips.ethereum.org/eips/eip-1559, constants section: elasticity_multiplier = 2, eip-1559, ethereum improvement proposals repository (https://eips.ethereum.org/eips/eip-1559) — specification section defines elasticity_multiplier = 2, eips.ethereum.org, ethereum improvement proposals, eip-1559: fee market change for eth 1.0 chain, specification (elasticity_multiplier = 2), https://eips.ethereum.org/eips/eip-1559, ethereum improvement proposals, eip-1559: fee market change for eth 1.0 chain, specification: https://eips.ethereum.org/eips/eip-1559#specification, official eip repository, eip-1559: fee market change for eth 1.0 chain (https://eips.ethereum.org/eips/eip-1559), specification line defining elasticity_multiplier = 2., raw.githubusercontent.com
Work
- pinnedblocks 26,062,076 to 26,062,374 to · on Ethereum mainnet
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#16422from eips.ethereum.org
#4512from eips.ethereum.org
#7152from eips.ethereum.org
#13112from eips.ethereum.org
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