🧠 Ethereum Foundation Talks Blob Fee Mechanism! 🚀

In the latest Ethereum AMA, researcher Davide Crapis shared that the target for blob fees won’t be lowered. The current setup is meant to price congestion, so low prices during low congestion are acceptable. He suggested tweaks to improve price discovery, like minor fee adjustments.

Dankrad Feist also chimed in, noting that Ethereum is creating a new DA market with competitors like Celestia and Avail focusing on price. While blob fees won’t drastically affect protocol revenue, scaling efforts are crucial. Feist questions if blob fees are the ultimate value capture for Ethereum.

Stay tuned as Ethereum evolves! 💡

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