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Sassal.eth 🎩⛽ pfp
Sassal.eth 🎩⛽
@sassal.eth
I am against: Tinkering with blobs in order to try and extract more L1 fees out of rollups. I am for: Improving the blob fee market to make it more reactive to changes in demand and reduce the lagtime to price discovery. Let the blobs do their job of scaling Ethereum!
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​woj pfp
​woj
@woj.eth
raising blob prices is pure cope — if it doesn’t come at cost for the validators it should be as cheap as possible
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growthepie.xyz 🥧📏 pfp
growthepie.xyz 🥧📏
@growthepie
👀
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xh3b4sd ↑ pfp
xh3b4sd ↑
@xh3b4sd.eth
Where did this debate originate? Who was suggesting to change anything about the blobs now?
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Frank pfp
Frank
@deboboy
L1 fees should have been and should always be zero
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Monteluna pfp
Monteluna
@monteluna
Tokenized blob space futures markets.
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Jack pfp
Jack
@jackten
I don't think increasing blob fees is a good idea at all. The idea is to incentivise usage, not extract value. We need to accept that there's just no demand because L2s and crypto generally have not found product market fit. Work on getting more users, not extracting value from the few users we have today
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Danny pfp
Danny
@mad-scientist
ATM we should just let the L2 ecosystem grow. In the long term, maybe targeting blob number with gas usage (i.e. max blob count goes up/down when blob gas is </> X gwei).
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whiz pfp
whiz
@creativityqudk
Your perspective on prioritizing an optimized blob fee market makes a lot of sense. Focusing on enhancing the fee structure for better responsiveness can lead to a more efficient and scalable Ethereum ecosystem. Extracting higher L1 fees could stifle innovation and growth. Let's keep scalability at the forefront!
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Jeffrey Chen pfp
Jeffrey Chen
@jeffrey-chen
L2 companies get the difference between L2 fees and L1 fees. To maximize the difference, they are incentivized to run at a lower TPS. I think if they run at thousands TPS, blob usage will be significantly higher.
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Impact App pfp
Impact App
@impactbot
@sassal.eth has been nominated by @manuelibup to the Abundance Ecosystem on /impact Help support @manuelibup's nominees:
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pa7x1 pfp
pa7x1
@pa7x1
EIP-1559 pricing mechanism has a quirk where the regime of demand below supply is priced essentially at 0 (1 Wei in fact). This is quite extreme. It should be cheap to entice demand but not necessarily 0.
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CryptoPlaza 🟣🎩Ⓜ️ OG449 pfp
CryptoPlaza 🟣🎩Ⓜ️ OG449
@especulacion
It's an interesting debate: If fees ultimately become a marginal part of Ethereum's demand, what remains is the monetary premium. In the end, staking profitability will require demand to absorb this issuance. I think another topic to debate is the Computation-based fee model vs. the Financial fee model. https://mirror.xyz/0x3e0cf03f718520F30300266dcF4DB50bA12d3331/OjNoFOc66rvAmfd2HBSThf_Xg1Dc-L7ba8w8p-f6QdE
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highplains.base.eth pfp
highplains.base.eth
@highplains66
Agreed Nice to see you on Warpcaster :) Hope youre having a great trip bro!!!
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