EIP-1559
E364846
EIP-1559 is an Ethereum protocol upgrade that restructured transaction fees by introducing a base fee that is burned and a separate tip to miners, aiming to make fees more predictable and reduce ETH supply inflation.
All labels observed (2)
How this entity was disambiguated
This entity first appeared as the object of triple T3524555 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: EIP-1559 Context triple: [Ether, feeMarketChange, EIP-1559]
-
A.
Segregated Witness
Segregated Witness is a Bitcoin protocol upgrade that separates signature data from transaction data to increase block capacity, improve scalability, and fix transaction malleability.
-
B.
Ethereum blockchain
The Ethereum blockchain is a decentralized, open-source platform that supports programmable smart contracts and powers a wide ecosystem of cryptocurrencies and decentralized applications (dApps).
-
C.
Algorand blockchain protocol
Algorand blockchain protocol is a scalable, secure, and energy-efficient public blockchain platform designed by cryptographer Silvio Micali that uses a pure proof-of-stake consensus mechanism.
-
D.
ETH
ETH is a leading Swiss public research university in Zurich renowned for its excellence in science, engineering, and technology.
-
E.
ETH
ETH is the ICAO airline designator used to identify Ethiopian Airlines in international aviation operations.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: EIP-1559 Target entity description: EIP-1559 is an Ethereum protocol upgrade that restructured transaction fees by introducing a base fee that is burned and a separate tip to miners, aiming to make fees more predictable and reduce ETH supply inflation.
-
A.
Segregated Witness
Segregated Witness is a Bitcoin protocol upgrade that separates signature data from transaction data to increase block capacity, improve scalability, and fix transaction malleability.
-
B.
Ethereum blockchain
The Ethereum blockchain is a decentralized, open-source platform that supports programmable smart contracts and powers a wide ecosystem of cryptocurrencies and decentralized applications (dApps).
-
C.
Algorand blockchain protocol
Algorand blockchain protocol is a scalable, secure, and energy-efficient public blockchain platform designed by cryptographer Silvio Micali that uses a pure proof-of-stake consensus mechanism.
-
D.
ETH
ETH is a leading Swiss public research university in Zurich renowned for its excellence in science, engineering, and technology.
-
E.
ETH
ETH is the ICAO airline designator used to identify Ethiopian Airlines in international aviation operations.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Ethereum Improvement Proposal
ⓘ
protocol upgrade ⓘ |
| activationBlock | 12965000 ⓘ |
| activationDate | 2021-08-05 ⓘ |
| activationNetworkUpgrade | London hard fork ⓘ |
| appliesTo |
Ethereum mainnet
ⓘ
linked to:
Ethereum blockchain
Ethereum testnets ⓘ |
| author |
Abdelhamid Bakhta
ⓘ
Eric Conner ⓘ Ian Norden ⓘ Matthew Slipper ⓘ Rick Dudley ⓘ Vitalik Buterin ⓘ |
| backwardsCompatibility | not fully backwards compatible with legacy gas pricing ⓘ |
| baseFee |
burned
ⓘ
protocol-determined ⓘ |
| baseFeeAdjustment |
decreases when blocks are below target gas usage
ⓘ
increases when blocks are above target gas usage ⓘ |
| blockSize |
can expand and contract around target
ⓘ
target gas usage per block ⓘ |
| category | Core ⓘ |
| effectOnFees |
aims to improve fee estimation
ⓘ
aims to smooth gas price volatility ⓘ |
| effectOnSecurity | maintains miner incentives via tips and block rewards ⓘ |
| effectOnSupply |
burns a portion of transaction fees
ⓘ
can make ETH net issuance lower ⓘ |
| EIPNumber | 1559 ⓘ |
| feeComponents |
base fee per gas
ⓘ
max fee per gas ⓘ priority fee per gas ⓘ |
| influenced | design of fee markets on other blockchains ⓘ |
| influencedBy | research on fee market designs ⓘ |
| introducesConcept |
base fee
ⓘ
elastic block size ⓘ fee burning ⓘ priority fee ⓘ |
| motivation |
improve user experience of gas pricing
ⓘ
make transaction fees more predictable ⓘ reduce ETH supply inflation via fee burning ⓘ |
| network |
Ethereum
ⓘ
linked to:
Ethereum blockchain
|
| priorityFee |
tip to miners
ⓘ
user-configurable ⓘ |
| relevance | core part of Ethereum monetary policy after London ⓘ |
| replacesMechanism | first-price gas auction ⓘ |
| status | Final ⓘ |
| title | Fee market change for ETH 1.0 chain ⓘ |
| transactionField |
maxFeePerGas
ⓘ
maxPriorityFeePerGas ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: EIP-1559 Description of subject: EIP-1559 is an Ethereum protocol upgrade that restructured transaction fees by introducing a base fee that is burned and a separate tip to miners, aiming to make fees more predictable and reduce ETH supply inflation.
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: EIP-1559