Looks like Ethereum may soon effectively have a 1MB blocksize limit!
This is part of the process to lower the gas cost of data by around 5 times, to make rollups cheaper
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Some think layer 2 fees on ETH are too high, because each byte of data a rollup uses cost 16 gas. To lower fees, the gas cost could be reduced to 3. This should be a large benefit, with 5x lower fees. However, in the long term, this may mean blocksize is a new network constraint
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Replying to @StopAndDecrypt @nicksdjohnson and @antiprosynth
> How much data I/O is there for fully validating nodes per month? You know, the ones that actually network the network to make a network?
Not sure, but it's definitely not going to significantly increase further from here, because we're already basically at the gas limit.
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Gas keep me free investing because I I should not be charged more that I am investing or take most of my investments. More people would invest if it was reasonable
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