ECIP-1120

An Ethereum Classic Improvement Proposal

A No-Nonsense EIP-1559 Proposal for ETC

Work in Progress

This ECIP is in active development. The final specification will be submitted upon completion of the research program.

Introduction

  • •Brings EIP-1559 fee markets to Ethereum Classic
  • •Redistributes base fees to miners instead of burning
  • •Minimal complexity: math-only, protocol-native
  • •Zero governance, no smart contracts or DAOs

ECIP-1120 Specification

  • •Type 2 transactions with dynamic base fees
  • •BASEFEE opcode for smart contract compatibility
  • •Configurable block elasticity multiplier
  • •Protocol-native fee distribution to miners

Why Not Olympia?

  • •Minimal complexity: math-only, protocol-native solution
  • •No smart contracts or governance systems required
  • •Clean separation between protocol and application layers
  • •Stateless calculation reduces attack surface

Research

  • •Block elasticity parameters and client benchmarking
  • •Fee distribution mechanism optimization
  • •Economic modeling and security analysis
  • •All findings published for community review

Latest Updates

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Why Not Olympia?

A detailed comparison between ECIP-1120's protocol-native approach and Olympia's treasury-based system, explaining why mathematical automation beats governance complexity.
Introducing ECIP-1120

A comprehensive introduction to ECIP-1120's approach to bringing EIP-1559 to Ethereum Classic with protocol-native fee redistribution.