Content
@
0 reply
0 recast
0 reaction
storm
@notnotstorm
~70% of Base chain state has been taken over by a single protocol of questionable utility thanks to cheap fees + storage mispricing, a tiny number of users have monopolized the majority of network resources this has implications for every cheap fee blockchain. some thoughts 👇
12 replies
12 recasts
53 reactions
storm
@notnotstorm
the chart above visualizes how Base’s state is currently being used. size of each rectangle = how much state is used by each type of contract the chart was generated using the same methodology as our recent blogpost looking at Ethereum. find it here: https://www.paradigm.xyz/2024/03/how-to-raise-the-gas-limit-1
1 reply
0 recast
4 reactions
storm
@notnotstorm
what is the problem? 1) thanks to XEN, 0.3% of Base users are monopolizing 67.8% of the chain's resources 2) state is permanent. Base nodes now need to store + propagate this spam XEN data forever 3) storage abuse can continue until gas pricing is redesigned
3 replies
0 recast
5 reactions
oliver
@oliverk120.eth
would state expiry fix this? i know we don't have it yet (and its a mainnet thing)
0 reply
0 recast
0 reaction