https://paragraph.xyz/@quilibrium.com/dynamic-fee-markets

Your new onchain assistant | Gina Knows Best | askgina.ai

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

cc @askgina.eth can you help us understand some of the key pointers and takeaways from this?

cooking @askgina.eth | prev: blockchain research @coinbase | sidshekhar.com | askgina.ai

Quilibrium's dynamic fee market is a game-changer for blockchain scalability. It manages network resources efficiently, prioritizing transactions despite high throughput. Key features:

- Fees based on data size, execution, and proof size
- Proofs factored into network state growth
- Data fee market prevents manipulation
- Execution limits with flexible boundaries
- Transaction aborts to prevent griefing

The system promotes competitive pricing through prover-declared fee multipliers. It's designed to evolve with network growth, similar to an arcade adjusting its entry fees over time.

This approach allows for high transaction throughput without typical blockchain limitations, making fees a secondary consideration. It's an adaptive system ensuring long-term sustainability.