EIP-1559 is probably the most anticipated (and controversial) Ethereum update this side of Eth2, but what exactly is it, why are people so excited or concerned about it, and how will it affect you?

Check out the video explanation here:

https://youtu.be/q58JWVW1f0k

Or, if you prefer a write-up, take a look at my Medium post here: https://medium.com/topic-crypto/everything-you-need-to-know-about-eip-1559-eip1559-explained-8332bb46306d

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If you want to research EIP-1559 further, I suggest checking out some of the following pieces:

<strong>📖 Read:</strong>
<a href="https://hackmd.io/@timbeiko/why-1559">Why 1559?</a> by Tim Beiko
<a href="https://haseebq.com/blockchain-fees-are-broken/">Blockchain fees are broken. Here are 3 proposals to fix them.</a> by Haseeb Qureshi
<a href="https://uncommoncore.co/eip-1559/">All You Need to Know About EIP-1559 (and more)</a> by Uncommon Core
<a href="https://barnabe.substack.com/people/1082772-barnab-monnot">The Price of Agency</a> by Barnabé Monnot
<a href="http://timroughgarden.org/papers/eip1559.pdf">Transaction Fee Mechanism Design for the Ethereum Blockchain: An Economic Analysis of EIP-1559∗</a> by Tim Roughgarden
<a href="https://medium.com/coinmonks/economic-analysis-of-eip-1559-a-summary-afac46533928">Economic Analysis of EIP-1559: A Summary</a> by Saša Milić (summarises Tim Roughgarden’s lengthy paper).

<strong>🎧 Listen: </strong>
<a href="https://www.zeroknowledge.fm/142">Zero Knowledge Podcast Episode 142: Hasu & Georgios on Bitcoin Security & Elastic Block Size Proposals</a>

<strong>📺 Watch:</strong>
<a href="https://www.youtube.com/watch?v=MGemhK9t44Q">Can ETH Become DEFLATIONARY? EIP 1559 Explained</a> by Finematics
<a href="https://www.youtube.com/watch?v=ndNyx-Oj9Wk">Tim Roughgarden: An Economic Analysis of EIP-1559; Q&A with Vitalik Buterin</a>


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<h3>Disclaimer:</h3>Anything expressed here is my own opinion stated for informational and educational purposes; nothing I say should be taken as investment or financial advice. 
I may own some of the cryptoassets mentioned here. At the time of upload (May 2021), I own:
Long Term Holdings: Bitcoin (BTC), Ether (ETH)
Short-Medium Term Holdings: Alpha Finance (ALPHA), Polygon (MATIC), Terra (LUNA), THORChain (RUNE), SushiSwap (SUSHI), Uniswap (UNI), Index Coop (INDEX)
Stablecoins: USDC