it costs only $0.02 to update ENS Content-Hash rn on mainnet

crazy times

building Stauro ❇ frontend dev at @ensdomains ❇
prev. @rainbow, @geniexyz, @fleek

Yeah. I'm hearing all these "we must scale the L1" takes but, like... is the demand actually coming?
I feel that the effort to scale the L1 should be commensurate with the effort spent making blockspace more valuable and in demand. Right now the ratio between these two efforts feels unbalanced at least 10-to-1.

Contributor @ /walletbeat.

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Yeah, full agreement. I just worry we may be over-optimizing for an absurd amount of upcoming demand that never ends up manifesting. The L2s can absorb a lot of the blockspace demand that they couldn't in 2021, so the slack blockspace capacity is at all-time-high already.

when it's more in demand fees go higher tho

there used to be the time when fees were insane ($50 for a simple transfer), circa 2021

we definitely should scale the L1 to prevent this from happening again