Barfinex
Eric Conner

Eric Conner

EIP author and community proposer · Independent developer / contributor

Authored and promoted EIP‑1559, defining base fee, tip mechanism and burning that reshaped fee economics

Initiated and authored the concrete EIP that became the focal proposal for changing how Ethereum transaction fees are structured. The proposal defined a block‑level base fee algorithmically adjusted per block, a separate priority fee (tip) to compensate miners, and the burning of the base fee. Those specific mechanisms moved fee determination from pure first‑price auctions toward a hybrid market design and introduced explicit on‑chain burning of user fees. Acted as a visible advocate and technical explainer for the proposal across community channels, presenting the rationale, simulation results and parameter choices that allowed core developers, client teams and exchanges to evaluate implementation complexity and economic trade‑offs. The authored EIP and public coordination paved the way for client implementations and testnets to adopt the design and iterate before mainnet activation. Maintained engagement through the design, testing and deployment windows, interfacing with implementers and responding to critique. The net result of the proposal and its adoption during the London hard fork was a protocol‑level change to how gas costs are computed on‑chain, the introduction of fee burning that affects net issuance, and a materially different experience for users submitting transactions.

Disclaimer regarding person-related content and feedback: legal notice.

Let’s Get in Touch

Have questions or want to explore Barfinex? Send us a message.