Ethereum developers discovered a vulnerability in the EIP-1559 proposal that could lead to network congestion, said Tim Beiko, a member of the Ethereum Foundation. EIP-1559 offers the burning of a portion of transaction fees and helps reduce gas price volatility. The offer also allows users to pay miners a "tip" to speed up transaction confirmation. Developer Martin Holst Svende noted that EIP-1559 is not affected by the limit on the maximum amount of such payments. Thanks to this, an attacker can enter a large number to overload the network, even if they do not have the means to pay. Beiko explained: "Before EIP-1559, this is not possible, because if you want to create a transaction with a huge gas price, you actually need to have the specified amount of ETH. If your transaction is included in the block, you will pay this amount." The developers fixed the vulnerability by adding the code suggested by Svende. Some customers have already implemented the solution. #Cryptocurrency
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