polynya pfp
polynya
@polynya
Re: blob utilization: - Saturation is taking longer than I expected - Execution is the very harsh bottleneck as expected - Original 4844 spec, 1 MB, or 3x current, is ample for valuable txs for years to come. "4844 and Done" is real - L1 PeerDAS & EigenDA are cool; but execution, novel apps, user acq. must be priority
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oliver pfp
oliver
@oliverk120.eth
Given how much more blob usage we can handle is EigenDA even needed in the short - medium term?
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polynya pfp
polynya
@polynya
Yeah, it may be needed for low value or non-financial transactions, and as more performant L2s come online. Right now, not really, but I expect demand to be induced over time
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oliver pfp
oliver
@oliverk120.eth
Well now that we don’t have the high fee excuse anymore we will really see if blockchains will be able to come up with real life use cases 😅😅 farcaster is a good start, but most of it is not on chain..
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polynya pfp
polynya
@polynya
As I've spent dozens of blog posts explaining... most things claimed to be for blockchains really don't need blockchains, and of the ones that do, 4844 blobs are good enough for all high value transactions, and EigenDA is good enough for all low value transactions. But infra obsession still persists...
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oliver pfp
oliver
@oliverk120.eth
Yep - I’m a reader of your blog! I actually meant that for farcaster for e.g. the social graph IS one of the few things that SHOULD be on the blockchain in my opinion (in blobs is fine), but it isn’t yet
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