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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its - 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
💰 Don’t forget to share your airdrop or points screenshot on Gate Square with the hashtag #ShowMyAlphaPoints# for a chance to win a share of the $200 token mystery box!
🥇 Top points winner: $100
✨ 5 outstanding posts: $20 each
📸 Pro tips:
Add a caption like “I earned ____ with Alpha. So worth it”
Share your points-earning tips or redemption experience for a better chance to win!
📅 Activity deadline: August 10, 18:00 UTC
Let’s go! See you tonight: https://www.gate.com/announcements/article - Hey Square fam! How many Alpha points have you racked up lately?
Did you get your airdrop? We’ve also got extra perks for you on Gate Square!
🎁 Show off your Alpha points gains, and you’ll get a shot at a $200U Mystery Box reward!
🥇 1 user with the highest points screenshot → $100U Mystery Box
✨ Top 5 sharers with quality posts → $20U Mystery Box each
📍【How to Join】
1️⃣ Make a post with the hashtag #ShowMyAlphaPoints#
2️⃣ Share a screenshot of your Alpha points, plus a one-liner: “I earned ____ with Gate Alpha. So worth it!”
👉 Bonus: Share your tips for earning points, redemption experienc - 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Vitalik Buterin Proposes EIP-7999 to Simplify Ethereum Transaction Fees
Vitalik Buterin, co-founder of Ethereum, and Anders Elowsson, developer, have proposed EIP-7999 to simplify the fee structure for Ethereum transactions. The proposal, which was released on Tuesday, aims to create a cohesive multidimensional fee market where users may choose a single maximum fee for all resources.
If approved, the proposal will make it easier and more predictable to pay for transactions by removing the need to estimate and maintain several cost components when completing transactions and instead allowing users to choose a single, all-encompassing maximum charge.
According to the proposal, users may improve capital efficiency and the user experience while simplifying fee administration by specifying a single max cost across numerous transaction resources. It is now being discussed and reviewed by the community in preparation for possible implementation.
Severe Ongoing Problem
Since the network’s explosive expansion in 2017, when a deluge of DApps and ICOs caused congestion to spike and transaction fees to skyrocket, gas fees on Ethereum have been an ongoing problem. During the NFT boom and summer of 2021, the situation became even more dire as average gas prices often surpassed $50 per transaction.
A base fee burn and an effort to normalize costs were added via the EIP-1559 update that Ethereum launched in August 2021 in response. Gas prices were remained unpredictable and sometimes unaffordable during times of heavy congestion, even though it helped to mitigate charge surges.
Optimism and Arbitrum, two prominent layer 2 scaling solutions, processed transactions offchain to reduce fees, thereby alleviating the pressure. On the other hand, Ethereum’s mainnet costs continued to be an issue, which led to continuous development until the Dencun upgrade in March 2024.
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