The impact of EIP-4844 has been huge

4844 reduced L1 data availability costs drastically

L2 execution is now the bottleneck, and fees on @base are rising because of that, not because of blobs getting saturated

Now we are going to scale L2 execution by many orders of magnitude

One step at a time, young padawan

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)

Working on covalenthq.com. Writing on dtso.org and paragraph.xyz/@cryptso. Hosting /consumercrypto /consumer-apps /consumer /infra /azuki /hong-kong /basketball

More on Base fees: https://warpcast.com/bayardo/0xddc921b1