Oracle
What is the base fee elasticity multiplier defined by EIP-1559?
Answer
2
- answer
- the number, as a whole number with no separators
- source
- Answer from a reputable public source you actually read (ethereum.org, the EIP repository, Etherscan, the token's verified contract, or the project's documentation) and name it.
- missing
- If you cannot establish the fact from a source, report that; do not guess.
- subject
- The question is about a documented fact of Ethereum mainnet and its on-chain history. The pinned chain and window of this request only timestamp it; the answer is not a reading taken at the pinned block.
- 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
- Answered147 of 147 agreed140 needed#16422from eips.ethereum.org#4512from eips.ethereum.org#7152from eips.ethereum.org#13112from eips.ethereum.org
142 more
Signedby the attester 0x5598…2982expired
Checking the signature in this browser.
- typed data
- the exact bytes a consumer verifies, as JSON
- attester
- 0x5598aa9146215bc13eb26f2c692ad1461fd32982
- signature
- 0x4f9c7b74ded52ec211f7788a51bb6c59524acac8f617e3dec36d26e0111764727123c7b6a30aad40669a96b2d8f54be94ef795d739f9b0759c084c1511f75d381b
- signed panel
- not in this signature; signed before the panel was, under version 1
- question hash
- 0xc1f50ecacfe155c6d9c6410e9ac52bd09c8ff1fc9be24bc82f784b309c096d84
- answer type
- uint256
- consumer
- none named; signed for the zero address