RFC: EIP-1559 vs EIP-3416 impact on Client Apps/Wallets

[ghost]

Dear Rosetta-Ethereum client devs, we are looking forward to improving the Market Fee on Ethereum blockchain. We are a couple of engineers proposing an EIP improvement based on EIP-1559. We estimate 1559 is great but we propose an improvement to:

• further reduce the gas price volatility with a median function (on premium gas price on top of base fees);
• reduce base fees volatility with an additive function (linear dynamic) instead of multiplicative (ie. exponential dynamic);
• reduce the footprint of the changes on wallets and clients by maintaining the same tx format and UI.

I know you have probably expressed your opinion before but we will appreciate if you can leave a Support +1 , NotSupport -1, or NeedMoreInfo opinion or comments on the forums from client/wallet apps before the AllCoreDevs meeting this Friday:

Proposal:
https://github.com/ethereum/EIPs/blob/master/EIPS/eip-3416.md
EIP-33416 proposal for London fork:
ethereum/pm#294
Discord (Fee Market):
https://discord.com/channels/595666850260713488/749160974506000444

UI Comparison Diagram:

Best,
HexZorro