Let’s talk about the Cancun upgrade and blobs.
Blob data is stored only by consensus layer nodes for about 4096 epochs, or roughly 18 days, after which it is deleted.
To be honest, I hadn’t noticed this before either: when demand for blobs suddenly rises, blob fees go up too, so layer 2 transaction fees aren’t always that cheap.
When layer 2 networks write blob data to mainnet, the blob fees they pay are also paid in $ETH .
Understanding the principles can help you avoid pitfalls, but it can’t replace position management.
Blob data is stored only by consensus layer nodes for about 4096 epochs, or roughly 18 days, after which it is deleted.
To be honest, I hadn’t noticed this before either: when demand for blobs suddenly rises, blob fees go up too, so layer 2 transaction fees aren’t always that cheap.
When layer 2 networks write blob data to mainnet, the blob fees they pay are also paid in $ETH .
Understanding the principles can help you avoid pitfalls, but it can’t replace position management.
