Originally published at https://pintail.xyz on October 20, 2020.

Thank you for taking a look at my entry to the Medalla Data Challenge! If you have time to get into some deeper analysis on Medalla testnet data, I’d encourage you to take a look at the four parts of my entry listed below, or perhaps have a look at the code in its natural habitat.

But if that’s a bit too much, then I don’t blame you…


Parts 1 to 4 of this article deal with the background to EIP-1559, its development and progress to date. These sections include links to some of the key articles and may be a useful reference. However for busy readers already familiar with EIP-1559’s background, skip to parts 5 to 7 for a discussion of the fairness of the proposal. If ‘gas’, ‘gas limit’, and ‘gas price’ are unfamiliar concepts, there is some useful grounding in these topics to be found on EthHub.

1. Background

Reform of Ethereum’s fee market, and the question of how best to allocate income from transaction fees, has…


Update 30 August 2020: this article originally used the term “impermanent loss” to describe the losses liquidity providers experience due to price divergence. The word “impermanent” was chosen because the loss due to price divergence may be reversed if the price divergence is also reversed. However, the use of this term could create the expectation that losses are guaranteed to be reversed, which is not the case. To better reflect this, the article has now been updated to use the term “divergence loss” instead.

In the previous article we looked at the impact of price variations on the value of…


Update 30 August 2020: this article originally used the term “impermanent loss” to describe the losses liquidity providers experience due to price divergence. The word “impermanent” was chosen because the loss due to price divergence may be reversed if the price divergence is also reversed. However, the use of this term could create the expectation that losses are guaranteed to be reversed, which is not the case. To better reflect this, the article has now been updated to use the term “divergence loss” instead.

What is Uniswap?

Uniswap is a decentralised exchange protocol launched on the Ethereum mainnet in November…

Pintail

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