On the same Layer 2 network, why did transaction fees suddenly become so much cheaper after the Cancun upgrade?
Blob data is stored by consensus-layer nodes for only about 4,096 epochs, or roughly 18 days, before being deleted.
Here’s the key point: when demand for blobs suddenly increases, blob fees rise too. Layer 2 fees won’t always be this cheap.
When Layer 2 networks write blob data to the mainnet, the blob fees are also settled in $ETH .
Take claims of high returns with a grain of salt.
Blob data is stored by consensus-layer nodes for only about 4,096 epochs, or roughly 18 days, before being deleted.
Here’s the key point: when demand for blobs suddenly increases, blob fees rise too. Layer 2 fees won’t always be this cheap.
When Layer 2 networks write blob data to the mainnet, the blob fees are also settled in $ETH .
Take claims of high returns with a grain of salt.