Ethereum Block 22840796: A Detailed Analysis

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Block Overview

Transaction Summary

This block contains:

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Technical Specifications

Network Data

Additional Metadata


FAQ Section

1. What determines Ethereum's block rewards?

Block rewards consist of base rewards (post-EIP-1559) and priority fees, minus burned base fees. Validators receive this compensation for securing the network.

2. Why are fees burned?

EIP-1559 introduced fee burning to reduce ETH supply inflation, creating deflationary pressure during high network activity.

3. How are validators selected?

Validators are chosen algorithmically based on their staked ETH and network participation.

๐Ÿ‘‰ Learn about Ethereum staking to become a validator.

4. What does "Gas Used" indicate?

It shows the computational effort consumed by transactions in the block, expressed as a percentage of the block's gas limit.


Keywords: Ethereum block analysis, gas fees, EIP-1559, validator rewards, blockchain explorers, transaction metrics, ETH burn mechanism


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