In EIP-1559, the base gas fee of every transaction is burned. As a result, if gas fees are high and there is significant network demand, the network may produce deflationary blocks. This means more ETH is being burned than created/rewarded to a miner. Additionally, block space is flexible and adjusts accordingly with network demand. There is an average block size of 15 Million gas used and a max gas limit of 30 Million. Blockspace is a visual representation of variable block size composed of deflationary block numbers until block #13787495.
x0r is an alias for programmer and magician Michael Blau. x0r explores creating code-generated ASCII art and digital illusions. The XOR or “Exclusive Or” bitwise operation is a critical operation used in ciphers and the field of cryptography, and NFTs are essentially cryptographically verified ownership of artwork.
5% Royalty Applies. See x0r Terms for details: https://www.x0rart.com/terms-of-service
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blockspace #155/407
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In EIP-1559, the base gas fee of every transaction is burned. As a result, if gas fees are high and there is significant network demand, the network may produce deflationary blocks. This means more ETH is being burned than created/rewarded to a miner. Additionally, block space is flexible and adjusts accordingly with network demand. There is an average block size of 15 Million gas used and a max gas limit of 30 Million. Blockspace is a visual representation of variable block size composed of deflationary block numbers until block #13787495.
x0r is an alias for programmer and magician Michael Blau. x0r explores creating code-generated ASCII art and digital illusions. The XOR or “Exclusive Or” bitwise operation is a critical operation used in ciphers and the field of cryptography, and NFTs are essentially cryptographically verified ownership of artwork.
5% Royalty Applies. See x0r Terms for details: https://www.x0rart.com/terms-of-service
- Sales
- Transfers