I've been asked about this several times, so I'll just write it here.
Blobs have their own fee market: the blob base fee automatically rises or falls depending on the gap between usage and the target, and it is also burned.
Blobs are cheap because blob data is only stored for about 18 days, doesn't need to be kept permanently, and isn't used in EVM computations, so it puts much less strain on nodes.
When layer 2 networks write blob data to mainnet, they also pay the blob fee in $ETH .
Did anyone else misunderstand this before?
Blobs have their own fee market: the blob base fee automatically rises or falls depending on the gap between usage and the target, and it is also burned.
Blobs are cheap because blob data is only stored for about 18 days, doesn't need to be kept permanently, and isn't used in EVM computations, so it puts much less strain on nodes.
When layer 2 networks write blob data to mainnet, they also pay the blob fee in $ETH .
Did anyone else misunderstand this before?
