Data

bytexplorers

reminder to @msilb7 @binji.eth @agaperste- @macbudkowski @kchain @pixel @titey @whyshock @mar1na and @govnerd 

that you guys are officially our first bytelight holders and can go ask any data questions you want in the /data channel ;) let's get some fun question/answering going!!!

What influence (if any) does lower user transaction fees have on “consumer user” activity on OP Chains?

Likely could start by comparing time periods with low L1 gas prices versus high L1 gas prices, post-Bedrock (modern fee model). 

Consumer = humans pressing buttons on a website, not bots

data @ op labs, building @optimism 🔴✨ | go /gators 🐊  | casts are my own things | msilb7.com

I don't think this is the right framing.

Lower tx costs means it's even easier to write contracts, test in prod, and create new types of bundled transaction protocols.

It is these new automations that will bring humans clicking the button I think.

4844 has inspired my own DEX research interest which I'll productize

Yeah I was thinking of what like a “consumer today” is. Assuming that running automations is still super sophisticated.

But yeah I’d love to get to a point where I can have some automation/AI running on my behalf.

So maybe cut the “consumer” filter, but transaction pattern could still be a segment.

If blobs stay cheap for a while, I'll (selfishly) be happy (but if they get congested from L2 transaction data, that's v cool too).

For sure, my take is regular people aren't going to notice $0.15 -> $0.01, until an application experience takes advantage of reducing $1.50 -> $0.10.

So I suspect first 3-6 months of Dencun will feel underwhelming to the industry, but am personally very excited!