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phil
@phil
Can someone ELI5 EIP-4844? Should I expect mainnet ETH transactions to get cheaper?
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shazow
@shazow.eth
If normal transactions are cars on a freeway, 4844 is a parallel cargo train track for special kinds of transactions used for L2's. Before, we'd transport them using normal trucks on the same highway as the cars, after we can put them on cargo trains. Choo choo.
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phil
@phil
ha. i just used this same analogy
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shazow
@shazow.eth
I've been thinking about this lately, induced demand only really happens when there's lots (maybe unbounded?) different things to do along the lane. If the use case is too narrow, it doesn't happen (e.g. a road between two houses, no where else to go, more lanes won't help).
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shazow
@shazow.eth
Which is to say: We want to build things that experience induced demand. That's a sign of diversity/variety of activity and use cases.
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