On Polygon and Ethereum Alignment đ€ïž
âïž Polygon is a leader in Ethereum alignment âŸïž đ implementing PoS upgrades to support scalability as an EVM-compatible L2, while bringing down transaction fees.
Letâs zoom in on PoS and EIP-1559 upgrades đŻ
1559 gets rid of first-price auction as the main mechanism for fee calculation. Instead weâve got:
đ a discrete base fee for transactions to be included in the next block
đ a priority fee to speed up processing
đthe base fee fluctuates depending on network congestion, and gets burned
