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Roberto Bayardo 🎩 pfp
Roberto Bayardo 🎩
@bayardo.eth
Regarding Base transaction fees: they are high because the chain is at its target capacity (2x the throughput of the L1), but demand has increased dramatically. Data fees remain insignificant thanks to EIP-4844 blobs which are still far from capacity! So while "it could be worse..." what can make it better? (cont)
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Roberto Bayardo 🎩 pfp
Roberto Bayardo 🎩
@bayardo.eth
Simplest thing would be to just increase the chain's target capacity. I'm pretty confident we could just 2X it right now and the Base sequencer + most node infra would handle it just fine. But "pretty confident" isn't good enough. And it's not just the short term we need to be concerned about. (cont)
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Ansgar pfp
Ansgar
@ansgar.eth
First off: Congrats, what a great problem to have! I would recommend bumping the gas limit to whatever you feel is safe for the sequencer. Yes, state growth is a concern, but this period of "too cheap to meter" DA won't last long anyway, so you might as well make the most of it.
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obvs ((internet of money)) pfp
obvs ((internet of money))
@obvs
What are your thoughts on past experiments in pumping the gas limit (let’s say Polyon in the early days, then BSC and others). State growth is an issue for L1 because of the type of home users they target long before it’s an issue for professional infrastructure providers.
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offmylawn pfp
offmylawn
@lawn.eth
Love that your team is prioritizing longevity and sustainability. Keep up the amazing work!!
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$BASED πŸ”΅ pfp
$BASED πŸ”΅
@basedcoin
Amazing! I was able to do swaps for less than a cent, hope the network stabilizes back again to that but demand its only likely to get waaay crazier
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Dan πŸŽ©πŸ”΅ pfp
Dan πŸŽ©πŸ”΅
@weezel
Thanks for the insight! 456 $degen $gloom
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W3nzel.eth pfp
W3nzel.eth
@wenzel
Thanks for this easy-to-understand breakdown. Coming from ETH, these fees still feel insignificant, but I too was surprised to see a $2,8 fee on @Base. But as others said, it's a good problem to have and I'm sure you guys will do a great job going forward. Bullish on base.
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Sooraj pfp
Sooraj
@sooraj
456 $DEGEN
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