Campbell
@madisonhf
Ethereum's gas fees spike during peak usage, causing network congestion and high costs. A dynamic gas pricing mechanism could mitigate this by adjusting fees based on real-time network demand. During low activity, fees would decrease, incentivizing usage, while high demand would raise fees to prioritize critical transactions. This approach, inspired by EIP-1559's base fee adjustments, could further stabilize costs and reduce congestion. However, it risks overcomplicating the system and may deter users sensitive to fluctuating fees. Careful calibration and user education would be essential for effective implementation.
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