Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
EtherFoundation AMA: DA projects like Celestia can't compete with the main EtherNet in terms of security 

EtherFoundation AMA: DA projects like Celestia can't compete with the main EtherNet in terms of security 

Bitget2024/09/05 14:29

Davide Crapis, Ethernet Foundation Core Fellow, during the 12th Ethernet Foundation AMA, responded to the question, “If a blob fails to reach the target average (3), should the target be lowered to ensure fee price discovery?” The response to the question was: No. The mechanism prices congestion. The mechanism prices congestion, so if there is no congestion, it is fine for prices to remain low. However, current demand being well below the target will affect price discovery in the presence of congestion. Price discovery is important, and we should make the mechanism more effective, and in the short term, changes such as higher (but still very low) minimum fees or changes in the rate of updates would help.” Another core researcher, Dankrad Feist, commented on the issue, “Ether is currently creating a new market for rollup - the data availability (DA) market. Many alternative solutions are looking to take market share away from Ether - Celestia, Eigenlayer, Avail, and others. They can't compete on security, so they want to compete on price.
Revenue from 3 blobs per block will never have an impact on Ether's protocol revenue. I think we should try to scale as much as possible over the next few years. Either way, I don't think blob fees will be the best value capture mechanism for Ether.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!