How EIP-1559 Impacts Ethereum Data

How EIP-1559 Impacts Ethereum Data

With the latest London upgrade on Ethereum, we've introduced corresponding changes in public BigQuery datasets.

With the latest London upgrade on Ethereum, we've introduced corresponding changes in public BigQuery datasets.

New fields:

In `bigquery-public-data.crypto_ethereum.blocks`:

  • `base_fee_per_gas` - Protocol base fee per gas, which can move up or down

In `bigquery-public-data.crypto_ethereum.transactions`:

  • `max_fee_per_gas` - Total fee that covers both base and priority fees
  • `max_priority_fee_per_gas` - Fee given to miners to incentivize them to include the transaction
  • `transaction_type` - Transaction type, for future use    - `receipt_effective_gas_price`  
  • The actual value per gas deducted from the senders account. Replacement of gas_price after EIP-1559

`receipt_effective_gas_price` is backfilled and is equal to gas_price for pre-EIP-1559 transactions. This means that this field can be used in place of gas_price for most purposes. For example if previously to calculate gas cost for a transaction you'd do `receipt_gas_used * gas_price`, now you should do `receipt_gas_used * receipt_effective_gas_price`

However, part of the gas costs is now burnt, so previously `receipt_gas_used * gas_price` would go to the miner, and after the EIP-1559 only `receipt_gas_used * (receipt_effective_gas_price - block.base_fee_per_gas)` would go to the miner, the remaining wei will be burnt.

This is reflected in this PR for ETH balance calculation

More resources on EIP-1559:

Check out our Gas Tracker dashboard to track EIP-1559 adoption.

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