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"issuance is not an expense" Technically correct, but you can model a blockchain as an equivalent business: The business sells blockspace and pays validators to maintain the chain. In that model, the issuance to validators is an expense to the business, and fees that are burnt…
"issuance is not an expense" Technically correct, but you can model a blockchain as an equivalent business: The business sells blockspace and pays validators to maintain the chain. In that model, the issuance to validators is an expense to the business, and fees that are burnt…
Q1 ‘24 income statements for Base (L2) and Solana (L1).
L1s are massively overpaying for security
L1s are massively overpaying for security
Don’t worry everyone. There’s only one backdoor and we found it, so everything’s totally ok now.
I don't understand the American justice system. Steal ~10$B and cause people to kill themselves -> 25 years Download academic journals from MIT to share with the world -> 2 counts of wire fraud and eleven violations of the CFAA (~max sentence 35 years). Remember Aaron Swartz
So, where "one honest member" myth comes from ? Likely from the fact that if data was published (a big if !), then assuming all DAC members have it, then indeed one honest member is enough to give that data to end users when they need it to reconstruct the L2 state /18
After many years of systems with DACs (Data Availability Committees) in production there seems to be still a confusion as to what are the trust assumptions of such systems. It's not "one honest member" as some seem to believe. Let's see @Sorare as an example 👇🧵
Counterpoint: I think people overestimate how much execution scaling is a bottleneck, even for the EVM. The current, naive EVM runs at over 100 mgas/s on consumer-grade hardware (no parallelization). That's around 5000 tps on transfers. So when the EVM is parallelized, your…
Counterpoint: I think people overestimate how much execution scaling is a bottleneck, even for the EVM. The current, naive EVM runs at over 100 mgas/s on consumer-grade hardware (no parallelization). That's around 5000 tps on transfers. So when the EVM is parallelized, your…
This is the right sort of ambition for rollups!
This is the right sort of ambition for rollups!
Su and Kyle are pathological liars and monumental losers. Every time one of them posts some bullshit on here larping as a decent human being or even a mildly intelligent investor, remember this is the actual truth.
Su and Kyle are pathological liars and monumental losers. Every time one of them posts some bullshit on here larping as a decent human being or even a mildly intelligent investor, remember this is the actual truth.
TIL we use 300 kB/s for attestation aggregations (nearly 40% of node traffic) This seems like a lot, some networking improvements and we can double the number of blobs 😋
TIL we use 300 kB/s for attestation aggregations (nearly 40% of node traffic) This seems like a lot, some networking improvements and we can double the number of blobs 😋
As rollup up tech becomes more battle tested I think it will be clear that they are the answer to many other needs than just scaling Eventually we'll be at a place where rollups = smart contracts with more bells and whistles (in the best way possible)
As rollup up tech becomes more battle tested I think it will be clear that they are the answer to many other needs than just scaling Eventually we'll be at a place where rollups = smart contracts with more bells and whistles (in the best way possible)
I'm generally a gas bull and think it is time for a gas limit increase. I think the best would be a package of measures: - Increase execution gas limit (to 40m or even more) - Increase blob count (3->8) - Implement EIP-7623 to limit the max block size ethresear.ch/t/analyzing-ei…
I'm generally a gas bull and think it is time for a gas limit increase. I think the best would be a package of measures: - Increase execution gas limit (to 40m or even more) - Increase blob count (3->8) - Implement EIP-7623 to limit the max block size ethresear.ch/t/analyzing-ei…
A blockchain's transaction capacity is equal to the capacity of its L1 plus the capacity of all L2s under its security.
Gas fees across the Ethereum ecosystem right now
At the risk of biting eric's bait... >ethereum rollups are no longer rollups (the definition of a rollup is smth that uses *L1* for DA, not ephemeral data blobs) Using ETH's blobspace *is* using L1 for DA Data availability ≠ Guaranteed eternal storage x.com/ercwl/status/1…
At the risk of biting eric's bait... >ethereum rollups are no longer rollups (the definition of a rollup is smth that uses *L1* for DA, not ephemeral data blobs) Using ETH's blobspace *is* using L1 for DA Data availability ≠ Guaranteed eternal storage x.com/ercwl/status/1…
MVI will eat a huge chunk of cake out of projects getting their yield from Ethereum staking. It will be the most critical moment for Ethereum’s future after the DAO hack. This is what happens when the financial incentives are too high.
Solo staking is hard af, but why people do that, instead of pay LST protocols 10% premium? Because they act out of altruistic belief to safe guard Ethereum. MVI will never kill solo staking, people who solo stake will continue to do so. but it will limit LST/LRT and save…
pseudo (on farcaster).. @pseudotheos
52K Followers 436 Following researcher. @scroll_zkp | @trustminimized 🏴🦇🔊
Georgios Konstantopou.. @gakonst
108K Followers 2K Following very greek accent. cto & research partner @paradigm. optimist and rustacean 🦀 // team lead of reth, foundry, alloy. join us.
Hasu⚡️🤖 @hasufl
216K Followers 1K Following strategy lead https://t.co/74GZIbbSl9 strategic advisor @LidoFinance @SteakhouseFi
superphiz.eth 🦇�.. @superphiz
51K Followers 1K Following Find me on Farcaster: https://t.co/GRPBLCHvM2 Ethereum Decentralization Advocate #stakefromhome
eric.eth @econoar
159K Followers 247 Following Ethereum and CryptoPunks OG | EIP-1559 co-author | Solo Staker | Angel Investor
timbeiko.eth @TimBeiko
128K Followers 921 Following (summer of) protocol {support | guild | fellowship} ☀️
Evan Van Ness 🧉 @evan_van_ness
111K Followers 688 Following Venture investooooor at @TxPoolCapital Former Chief Decentralization Officer @ethereum evan on @daimo_eth DM if you want a RT 🧉
antiprosynthesis.eth .. @antiprosynth
68K Followers 4K Following #Ethereum ⟠ $ETH softcore developer, news aggregator and information asymmetry fighter. 🐬🔊
Toghrul Maharramov �.. @toghrulmaharram
15K Followers 331 Following @Scroll_ZKP contributor; vibes officer @L2DAYSxyz; perpetual intern @trustminimized
proto.eth @protolambda
23K Followers 2K Following Working on Ethereum scaling R&D at @OPLabsPBC, prev. EF. 🔴 🦇🔊 op/acc
nick.eth @nicksdjohnson
79K Followers 906 Following Lead developer of ENS & Ethereum Foundation alum. Certified rat tickler. he/him. bsky: https://t.co/RdZTUkXlfA wc: https://t.co/nvP0lHQhg7
trent.eth @trent_vanepps
28K Followers 2K Following @ethereum special projects {support | guild | fellowship | artifacts} ~~ @statefulworks @protocolguild ~~
Hudson Jameson @hudsonjameson
53K Followers 3K Following I enjoy my cats, privacy tech, & ice cream. Now: VP @ Polygon Labs Previous: USAA, Ethereum Foundation, Flashbots, Zcash Grants Poly/Bi 🏳️🌈
Tarun Chitra @tarunchitra
60K Followers 5K Following ヽ(⌐■_■)ノ♪♬ @gauntlet_xyz/@robotventures/@aerafinance/@thelatestindefi/@_choppingblock/@zeroknowledgefm // main: @guilleangeris
dcbuilder.eth @DCbuild3r
33K Followers 3K Following 22. 🇨🇿🇨🇺. math. Ethereum. ZKML. Rust. @worldcoinfnd. accelerating @worldcoin. angeling in friends. Hopeful about humanity.🦇🔊🦀🛡
MariusVanDerWijden @vdWijden
17K Followers 452 Following Developer @Ethereum, working on @go_ethereum, Farcaster: @vdwijden
Gabriella_Robi @GabriellaR8518
1 Followers 465 Following
Buidler @0xBP_
165 Followers 2K Following
二郎神 @szhErlangShen
21 Followers 116 Following
Jihyo @soqlitare
215 Followers 2K Following Join Excel Global Signals on telegram https://t.co/XBmrwK9bdI
Sammy $MOJO @young_Sammy_10
29 Followers 237 Following
pk910.eth @_pk910_
741 Followers 140 Following GitHub https://t.co/gmeEqIGJLL Matrix @pk910:https://t.co/B3nVoLZWuI Bluesky 🦋https://t.co/vhbh2KDqyf
lakshaybaskotra.sui | @lakshaysuiiiiii
232 Followers 3K Following
KIM KHORN LONG (龍�.. @longkimkhorn1
1K Followers 2K Following Personal Advisor ranking Minister to PM of Cambodia/ Secretary of State of MoJ/ Advisor to Former PM H.E. Samdech Hun Sen, Head of Privy Council, Senate &CPP/
I'm @ArtemiyKazakov
800 Followers 1K Following
Hridam Basu @hridambasu
54 Followers 310 Following Cryptographer Dabbling in Blockchain. Previously Zero-Knowledge Cryptography Research Engineer @0xPolygon, @aztecnetwork, @Findora
Onchain Foundation @OnchainHQ
773 Followers 659 Following 🔛⛓️ The Onchain Foundation is a non-profit focused on solution-oriented blockchain research and product development.
GD81 @Gd120381
141 Followers 1K Following Crypto/BnB Holder📉📈 Airdrop Seeker, Just a Simple Forex Trader📈📉💰
Earth Crisis Areas #R.. @EarthCrisisArea
54 Followers 1K Following ``| We are all the waves of one sea | The time has come for all to live as one | We are all the waves of one sea | We are all the stars of one sky |`` MMaxW
DOJI @doji_tr
705 Followers 4K Following 🟪 Crypto Researcher, Trader, Tester, Hunter of Airdrop, Nft Collector & @todaythegame OG/Ancient Seed Holder #168🌱
Emre Akşitkutay @EmreAksitkutay
2K Followers 3K Following • NFT Project Founder, Consultant & Artist • Community Specialist at @EAK_Digital
Tavleen_Bhatia2 @TBhatia243951
32 Followers 912 Following
JP CRYPTO PREMIUM SIG.. @jpcryptopremium
2 Followers 31 Following
Incomplete Engineer |.. @RealGeorgeUI
406 Followers 5K Following B.Eng (Mech Engineering) | Learning Software Engineering (Backend) @Altschoolafrica💻| Tech& Gadget | Loves Football ⚽@Manutd Fan | I can do alot of things!!!😊
ZUPERHUNT @ZuperHunt
162 Followers 70 Following where we will learn together, one step ahead of yesterday, are you just going to stare at this bio? join us! built by @luthfi0x
Teatath @teatath33734
12 Followers 192 Following
Chris Duncan @chrisrossduncan
758 Followers 814 Following Cayman Islands and BVI lawyer specializing in digital assets, fintech & crypto
Kaushik kumar @kauku_shikmar
130 Followers 396 Following Co-Founder BlockFlow. web3 | AI | web2 | shitpost
Trading R-evolution @monkeytraderss
139 Followers 2K Following La community TRADINGrEVOLUTION è in continua espansione e offre diversi servizi per aiutarti a raggiungere la tua libertà finanziaria! Con una costante crescita
Quantum 🔮 @Quantum_web3
760 Followers 363 Following Ambassador @PythNetwork | Web3 Researcher | Node Operator
JoshTheMoonMan @JoshTheMoonMan
9K Followers 535 Following Do your own research, not financial advice.
theJudeAbides.eth �.. @thejude_abides
2K Followers 2K Following Just here for the vibes...money is a social construct.
ZeroNoLedger.eth 🛡.. @zeronoledger
121 Followers 620 Following no ledger = zero knowledge ~ zeronoledger
Patrik Videc @Patrik_Videc
202 Followers 587 Following
Jeff Malko 👊🏽 @Jeff_Malko
4K Followers 4K Following https://t.co/WN67W2hA2e 🚀 @ShoNFTz 🫡 Price everything in $Crypto & NFTs
matthew sigel, recove.. @matthew_sigel
9K Followers 628 Following Head of digital assets research @VanEck_us . Not your fiduciary on twtr. Disclosure: https://t.co/oN8RR1GzoJ
block0 @ruruyouming
278 Followers 2K Following Smart Contract Audit | Provide smart contract development services
Roman Svystun @RomanSvystun
196 Followers 704 Following IT entrepreneur, co-founder at https://t.co/6MDptjT3rl
Sujoy ❤️ Memecoin @Binancebabb
118 Followers 1K Following
0xSlava 🛡🦇🔊 @SlavaOnChain
618 Followers 743 Following Part-time DeFi Degen, full-time avocado toast connoisseur. If my code bombs, at least my brunch game is strong. Working magic @orderlynetwork
Hamza Ali @Hamza_ali322
15 Followers 126 Following
Sufyan Qasim @SufyanQasim900
8 Followers 92 Following
Minghao @syahqdu
247 Followers 2K Following Join Excel Global Signals on telegram https://t.co/MPc9PUqXd8
pseudo (on farcaster).. @pseudotheos
52K Followers 436 Following researcher. @scroll_zkp | @trustminimized 🏴🦇🔊
Georgios Konstantopou.. @gakonst
108K Followers 2K Following very greek accent. cto & research partner @paradigm. optimist and rustacean 🦀 // team lead of reth, foundry, alloy. join us.
Hasu⚡️🤖 @hasufl
216K Followers 1K Following strategy lead https://t.co/74GZIbbSl9 strategic advisor @LidoFinance @SteakhouseFi
eric.eth @econoar
159K Followers 247 Following Ethereum and CryptoPunks OG | EIP-1559 co-author | Solo Staker | Angel Investor
timbeiko.eth @TimBeiko
128K Followers 921 Following (summer of) protocol {support | guild | fellowship} ☀️
Evan Van Ness 🧉 @evan_van_ness
111K Followers 688 Following Venture investooooor at @TxPoolCapital Former Chief Decentralization Officer @ethereum evan on @daimo_eth DM if you want a RT 🧉
Lefteris Karapetsas |.. @LefterisJP
56K Followers 772 Following Founder of @rotkiapp🐦, the portfolio tracker that protects your privacy. #Berlin. University of Tokyo graduate. Marathon runner. #ethereum developer. #birding
antiprosynthesis.eth .. @antiprosynth
68K Followers 4K Following #Ethereum ⟠ $ETH softcore developer, news aggregator and information asymmetry fighter. 🐬🔊
Toghrul Maharramov �.. @toghrulmaharram
15K Followers 331 Following @Scroll_ZKP contributor; vibes officer @L2DAYSxyz; perpetual intern @trustminimized
proto.eth @protolambda
23K Followers 2K Following Working on Ethereum scaling R&D at @OPLabsPBC, prev. EF. 🔴 🦇🔊 op/acc
nick.eth @nicksdjohnson
79K Followers 906 Following Lead developer of ENS & Ethereum Foundation alum. Certified rat tickler. he/him. bsky: https://t.co/RdZTUkXlfA wc: https://t.co/nvP0lHQhg7
trent.eth @trent_vanepps
28K Followers 2K Following @ethereum special projects {support | guild | fellowship | artifacts} ~~ @statefulworks @protocolguild ~~
Hudson Jameson @hudsonjameson
53K Followers 3K Following I enjoy my cats, privacy tech, & ice cream. Now: VP @ Polygon Labs Previous: USAA, Ethereum Foundation, Flashbots, Zcash Grants Poly/Bi 🏳️🌈
dcbuilder.eth @DCbuild3r
33K Followers 3K Following 22. 🇨🇿🇨🇺. math. Ethereum. ZKML. Rust. @worldcoinfnd. accelerating @worldcoin. angeling in friends. Hopeful about humanity.🦇🔊🦀🛡
MariusVanDerWijden @vdWijden
17K Followers 452 Following Developer @Ethereum, working on @go_ethereum, Farcaster: @vdwijden
Ryan Berckmans ryanb... @ryanberckmans
23K Followers 2K Following Ethereum community member and investor. Decentralizing payment processing @3cities_xyz
Kobi Gurkan @kobigurk
9K Followers 2K Following kobi.eth. applied crypto, security, experimental things. head of research @__geometrydev__, puzzler @__zkhack__, @zkpodai, validating @zkv_xyz, @cLabs
parithosh | 🐼👉�.. @parithosh_j
9K Followers 1K Following DevOps at the Ethereum Foundation. ENS: parithosh.eth Website: https://t.co/iujOhlI6I4 Mastodon: @[email protected]
Ian Gallagher @idgallagher
256 Followers 1K Following Creative Technologist, app developer, physics PhD (complex systems), occasional 🤖 trader. Working on live AI generated visuals
hanniabu.eth (Ξ, α) @hanni_abu
2K Followers 311 Following Ethereum Decentralization Advocate Developer alias: Ξther αlpha @etheralphateam https://t.co/IFwsGDd5pJ 🌿 hanniabu.lens
James @_jhunsaker
10K Followers 789 Following co-founder @monad_xyz; former @jumptrading, @GoldmanSachs, @jpmorgan, maintainer of @PythNetwork on @solana
Jesse Pollak (jesse.x.. @jessepollak
108K Followers 2K Following @base contributor #001 @oakcurrency with @0xcity3
ℳiLLiΞ X @llamaonthebrink
7K Followers 3K Following Crypto Philosopher | @synthetix_io Spartan Council
mikeneuder.eth ⟠ @mikeneuder
6K Followers 1K Following research && software ➝ @ethereum foundation ⟠; co ➝ ma ➝ ny;
David Sinclair @davidasinclair
442K Followers 1K Following Professor, Scientist. Mission: Extend healthy life for all. Views & analyses are my own.
ella @0x3114
1K Followers 708 Following consensus researcher supported by @ethereum . believe ♢ magic is real and singularity inevitable .
CoW DAO | MEV Blocker.. @CoWSwap
47K Followers 83 Following CoW DAO creates user-protective products for Ethereum. MEV Blocker (https://t.co/1efesHL86G) & CoW Swap (https://t.co/RO1OGDkgHS) fight MEV and give users more than they ask for.
Kofi @0xKofi
31K Followers 150 Following crypto data nerd working on: https://t.co/o4NHrypxgc L2 Gas Data | https://t.co/BzTsLR2zWn ERC4337 Data | https://t.co/44vREFPAKo Rollup Data | https://t.co/u8PYa3hTwo Scroll Data | 🇬🇭
Crypto Resilience @ D.. @CResilience_Eth
38 Followers 107 Following We intend to discuss the attack vectors for existing and potential future protocols on Layer 1
Brett Palatiello @brettpalatiello
1K Followers 233 Following Wyatt & Logan's dad, crypto vc, macro/ls equity pm, quant, dev, @Columbia
Inner City Press @innercitypress
265K Followers 3K Following Matthew Russell Lee for/as Inner City Press covers SDNY, UN Gate, banks & IMF. books https://t.co/xHL0pGID4n https://t.co/VTEqaLISDB
Lido Dominance @lidodominance
580 Followers 0 Following Lido keeps @dannyryan up at night and it should keep you up too. It is a threat to Ethereum's credible neutrality. Account by @calumtomeny, data by @hildobby_.
Alyria @alyriadefi
3K Followers 1K Following 21yro cereal nomad & aspiring crempoaster | we are cooking 🦝
yuga.eth 🛡 @yugacohler
21K Followers 912 Following Crypto @coinbase, via @google and @harvard. Orchestral Conductor, 🇺🇸🇯🇵. ラッキーで埋め尽くしてレストインピースまでいこうぜ
Ryan Selkis (d/acc) �.. @twobitidiot
350K Followers 5K Following founder & CEO @messaricrypto | long crypto, long America, short D.C.
Evan Weiss @evweiss1
2K Followers 834 Following COO @alluvialfinance, building @liquid_col; prev @coinbase @bisontrails 🦬; founder @TeamPOSA; recovering corporate lawyer; #girldad
frame.eth @0xFrame
18K Followers 794 Following Privacy focused Ethereum wallet that runs natively on macOS, Windows and Linux Join us on Discord! https://t.co/DREZhNVrxD (We’re hiring!)
Justin Thaler @SuccinctJT
5K Followers 71 Following Research Partner @ a16z crypto Associate Professor of CS at Georgetown.
Ignacio Hagopian 🦇.. @ignaciohagopian
382 Followers 102 Following engineering & applied cryptography | @ethereum
Anurag Arjun @anuragarjun
134K Followers 811 Following Founder @AvailProject. Previously founder @0xPolygon.
Theo @theojaffee
1K Followers 1K Following Theo Jaffee Podcast host, CS/physics/econ undergrad, techno-optimist
Gæddi McGæddson @McGddson
90 Followers 63 Following Curiosity, science, economics, AI alignment, pluralism, seeking surprising truth
Jelena @jelenaaa____
12K Followers 5K Following defiantly optimistic. founder @noble_xyz; building in @cosmos✨ // co-founded @web3canada. prev. @informalinc @dfinity @celoorg
Emil Kendziorra, M.D. @emilkendziorra
2K Followers 396 Following Medical doctors turned entrepreneur - trustee / president of the board at European Biostasis Foundation
Kev @kevaundray
330 Followers 70 Following Maths, Engineering and Rust. Aztec. Ethereum. Creator and Team lead of the Noir programming language
sxysun ⚡️🤖 @sxysun1
4K Followers 762 Following performance artist 🎭, auctions @ https://t.co/Di02aEsuzL, ai & market design @agenticmarkets
Eleanor Sheekey @EleanorSheekey
5K Followers 2K Following Research Associate @CamBiochem - organoids & ADCs, prev. PhD @CRUK_CI @narita_lab senescence & p53. Biochem (MSci) @Peterhouse_Cam, @SheekeyScience YouTuber
Ben Fisch @benafisch
5K Followers 203 Following Brewing Espresso ☕️ CEO @EspressoSys Assistant Professor at Yale
Joseph Bonneau @josephbonneau
7K Followers 584 Following Research Partner @ a16z crypto Assistant Professor @ NYU
Saffron Huang @saffronhuang
4K Followers 847 Following how shall we live together? co-founder @collect_intel ⋅ research @ uk ai safety institute was @googledeepmind • co-created @kernel_magazine ⋅ TK
Evan Miyazono @emiyazono
966 Followers 302 Following Charting paths to less risky, more governable AI via provable safety properties at https://t.co/VAGPleYhgH
Collective Intelligen.. @collect_intel
3K Followers 50 Following collective intelligence for collective progress.
Adam 🦇🔊 @adamthesalmon
1K Followers 3K Following Build a better future ⛓ Head of BD @modenetwork 🟡 Co-founded @degenscore + others 👾 Angel investing with @onchainangels in Ethena + many more.
Aella @Aella_Girl
204K Followers 369 Following ⚜️whorelord⚜️, vexworker, survey artist, way too earnest Discord: https://t.co/S1MaMdCwyK
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3K Followers 323 Following Blockchain cryptographer Research partner @a16z crypto
Rollups are dramatically cheaper than running your own chain
Q1 ‘24 income statements for Base (L2) and Solana (L1).
I wrote an oped in @FT. My goal isn't to defend or to diminish memecoins. It’s to point out the backward incentives of a regulatory regime in the US that lets only memecoins thrive — while companies and tokens with more productive uses face hurdles. ft.com/content/1ceaa1…
Counterpoint: When regulators go out of their way to cripple the use cases, they can't then claim there are no use cases due to natural market forces. Had the SEC not gone on their quixotic crusade to fight technological progress, we'd see tons of these already.
Claim: "tokenization" is more or less a failed concept 1. Is there one example of useful blockchain tokenization of anything that is not a treasury or other US dollar asset, that people actually use 2. The treasury case is more or less regulatory arbitrage
@_Jack_Alderson @dankrad @adietrichs @koeppelmann Define what you mean by native because people have different ideas of what that means
TX spamming is inevitable (and necessary) given the current design of Solana. Nodes don't know if another node/validator/leader has a particular transaction they want to get included, so they send no matter what. IMO solana needs something akin to a mempool.
@_charlienoyes @nanexcool In relative terms, the fraction of solo stakers is trending downwards.
@hasufl Don’t you think the “claimants” know this though, and have approached the problem with openness and humility so far? Do all defendants know they are not supposed to burn down the courthouse? I am not sure what the aim of this tweet is other than agitate. Sorry if I misinterpreted
@jspediacci Actually it highlights precisely what should be shown to demonstrate compliance: a fully transparent governance system open to anyone. At this time, all that's happened is that two articles have been published for community feedback.
Don’t worry everyone. There’s only one backdoor and we found it, so everything’s totally ok now.
Only 25 years? SMH.
Judge Kaplan: It is the judgment of the court that you are sentenced to 240 months then consecutive 60 [etc] for a total of 300 months [25 years]
@potuz_eth scaling L1 blob data is a part of this goal - we did it with 4844 and we'll do it again with PeerDAS, then full danksharding. 1 Ggas/s is a north star - going to be tons of huge challenges we need to solve to get there: DA, execution, state growth, etc
@Larry_007__ @moo9000 @dankrad an average Ethereum block takes probably between 100-200ms to verify on low end hardware. this is where the 100m gas/sec estimation comes from i assume.
@dapplion We didn't agree to do both, though: we agreed to first try MaxEB and then see if we can also fit ILs in.
Raising the gas limit to 40m is probably fine, but it won't sustainably reduce L1 fees due to induced demand. Given Ethereum's rollup-centric roadmap, wouldn't it be better to allocate block size increases to blobs? Prioritizing L2s is better resource allocation for scaling.
It is a little sad that so few people care about "utility" this cycle. Like am I suppose to teach Jeo Boden in class. What is there even to say
OH: Ethereum "rugged itself" by launching 4844 since fees decreased. If you think this, you may have lost the plot. L2s ARE Ethereum. The goal is to onboard the world, not maximize short term fees 🧠 4844 makes Ethereum and its L2s more competitive and is a WIN for both ✨
Arbitrum's upgrade is fully shipped L2s are🆓 And tx's don't fail
@dankrad @gnosispay @JumperExchange @BungeeExchange @CoWSwap @CurveFinance 🙈 working with @KinetexNetwork to soon make it a one step process from any major token of any major EVM chain.
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