What Is the Purpose of ‘Burning’ a Portion of the Gas Fee (EIP-1559)?
EIP-1559 introduced a mechanism where a portion of the transaction fee, called the 'base fee,' is automatically destroyed (burned) instead of being paid to the validator. This serves to make the transaction fee more predictable, creates a deflationary pressure on Ether's supply, and removes the validator's ability to manipulate the base fee.
