LeaChain

Huge day for DeFi BlackRock is the largest asset manager in the world ($14T aum) and BUIDL is their first tokenized fund This collab uses Uniswap’s market structure to power onchain trading for BUIDL investors, settled on Ethereum Big step towards ~all value trading onchain

One of @VitalikButerin's greatest traits is his approach to decision making. When an issue arises, he listens and gathers information, weighs it all and makes a decision when he believes that he has weighed most of the necessary data. Best path forward is to realize that he has heard all of us and things are in motion. Threats of harm or attempts at coersion are deeply distrubing and will be counterproductive. There are multiple threads in process in the EF, the EEA and Consensys that will reformat how Ethereum "goes-to-market" in the near term. And based on what I am seeing there will be so many high value initiatives that become public soonish, that your heads will spin. Best to keep them on your shoulders and not lose them before a surge begins. The leader is Vitalik. The ticker is ETH.

most of these projects will be gone and forgotten in 1 months i bet you $DRV (bottom) will be leading this category when it launches on Wednesday absolutely cracked team been following and supporting them for over a year

10 days

It's actually more scaling pragmatism than pure cost savings, but that does play a role. Here's why @megaeth chose @eigen_da instead of blobs (TLDR: We'll have too much capacity) First you have to understand a few things: 🔹WTF is DA? 🔹How chain throughput correlates to DA needs 🔹Impact of those needs 🔹Ethereum vs AltDA Capacity ----------------------------------------- WTF is DA? teapawt.net/0xBreadguy/status/1841… Read the above if you want longform, but the TLDR for L2s is: - The chain need to store all of the data it produces (i.e. transactions) somewhere so that it can be checked for correctness by others. ----------------------------------------- Chain Throughput -> DA Needs Lets use Base as an example. Base is currently averaging ~20MGas/s throughput, which translates to ~8.5M transactions per day. When these tx are bundled and compressed in to blobs this equates to ~40,000 KB/hr (11.11 KB/s) of data being pushed to Ethereum. Put simply: If Base produces more tx, it will push out more data to be stored on Ethereum. ----------------------------------------- Impact of Those Needs Okay, so if Base keep growing it'll require more data. Cool - how does that impact the me? TLDR: If Base data needs grow faster than Ethereum's ability to ingest that data, median user tx fees increase. Blobspace has the exact same 1559 pricing mechanism as Ethereum blockspace. When >50% is utilized price goes up (exponentially in the case of blobs). That means as Base scales and pushes blobspace to it's limits, everyone is forced to pay more across all rollups. It's shared pricing and is the reason why things have previously become weird around airdrops on certain rollups. > Mass tx event > Saturate blobs > All rollups now have higher costs ----------------------------------------- Ethereum vs AltDA Capacity Okay, so what are the limits we're talking about here? First I'll remind everyone of Base data requirements right now: ~11.11KB/s. Now lets look at the current DA capacity landscape: You're reading that right: Ethereum's current capacity is 32KB/s, meaning Base already consumes ~1/3rd by itself and prices increase exponentially at that number. When combined with all other rollups, Ethereum is already at that 32KB/s line, which is why we're seeing so much PVP there. Teams don't want to pay more, so they're compressing more and optimizing posting times to avoid costs. Now, we're expecting some modest blob limit increases with Pectra, but if global demand for blockspace outpaces that then L2 teams are stuck in a thorny position of either shifting from Ethereum blobs or passing on increased costs/limited scale to their users. ----------------------------------------- Okay, How Does That Stack Up With MegaETH? If we're going to really push performance we don't really have a choice - Ethereum blobs even in their final form ~2 years from now would be a detriment to our throughput and, by extension, users. We'd break even the current iteration of EigenDA if we were to achieve our goals (100k TPS, 10+ GGas/s, etc) without massive amounts of compression. VIsualized: It's simply a non-starter, so the decision was made to partner with another team building within Ethereum to push the limits of blockchain scale. When you get to the above levels you have to start worrying about other items like general bandwidth, but we're thinking about ways to help there too. ----------------------------------------- IN SUMMARY There are no backroom deals (blobspace is just really, really tiny) I love you

Mega is now under invasion by farmooors. I can promise if you do what this picture suggests you are wasting your time. Slop and volume will not be rewarded in any capacity. We do not care about numbers. What we will encourage, even if infrequent: 🔹Quality 🔹Being Helpful